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

Tuesday, 02 July 2019 17:06:56 (GMT+3)   |   Istanbul

In the first five months of this year, finished steel output in Turkey decreased by 21.2 percent year on year to 13.7 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 8.2 million mt, down 28.2 percent, and its flat product output fell by 7.9 percent to 5.5 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-May period of this year decreased by 35.2 percent year on year to 10 million mt.

In the first five months of this year, consumption of long products in Turkey fell by 46 percent to 4.2 million mt, while flat product consumption was down by 24.2 percent to 5.8 million mt, both year on year.

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