Turkey’s finished steel output and consumption fall in January-July

Tuesday, 03 September 2019 16:39:21 (GMT+3)   |   Istanbul
       

In the first seven months of this year, finished steel output in Turkey decreased by 19.2 percent year on year to 19.3 million mt, according to the Turkish Iron and Steel Producers' Association (TCUD).

As stated in the TCUD report, in the given period Turkey's long product output totaled 11.7 million mt, down 24.6 percent, and its flat product output fell by 8.9 percent to 7.6 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-July period of this year decreased by 30.5 percent year on year to 14.5 million mt.

In the first seven months of this year, consumption of long products in Turkey fell by 41.5 percent to 6.3 million mt, while flat product consumption was down by 18.6 percent to 8.2 million mt, both year on year.


Similar articles

Turkey’s ex-Baltic scrap prices move up, following deep sea prices

25 Apr | Scrap & Raw Materials

Turkish domestic rebar spot prices stable

25 Apr | Longs and Billet

Turkish flats spot prices decline amid weak demand

25 Apr | Flats and Slab

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

Turkey’s Kardemir announces its merchant bar prices after a long break

25 Apr | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices for engineering grade products

25 Apr | Longs and Billet

Turkey’s IDC begins hot testing at melting shop

25 Apr | Steel News

Import HRC offers lack clarity in Turkey amid non-VAT trade probe in China

24 Apr | Flats and Slab

Turkish longs mills try to avoid export discounts, sales challenging

24 Apr | Longs and Billet

Asian billet prices rise in Turkey, but yet to see buyers’ acceptance

24 Apr | Longs and Billet