Turkey’s finished steel output and consumption rise in Jan-Apr

Tuesday, 05 June 2018 12:36:14 (GMT+3)   |   Istanbul
       

In the January-April period of this year, finished steel output in Turkey increased by 10.2 percent year on year to 13.6 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 8.5 million mt, up 4.2 percent, and its flat product output grew by 21.7 percent to 5.2 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-April period of this year rose by 13.2 percent year on year to 11.7 million mt.

In the first four months of the current year, consumption of long products in Turkey increased by 11 percent to 5.4 million mt, while flat product consumption rose by 15 percent to 6.3 million mt, both year on year. In the given period, 46 percent of total finished steel consumption was for long products, while 54 percent was accounted for by flat products.


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