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.

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