Turkey’s finished steel output and consumption rises in Jan-Sept

Thursday, 02 November 2017 16:49:30 (GMT+3)   |   Istanbul
       

In the January-September period of this year, finished steel output in Turkey increased by 3.7 percent year on year to 28.7 million mt, according to the Turkish Steel Producers' Association (TCUD). 

As stated in the TCUD report, in the first nine months of this year Turkey's long product output totaled 19.2 million mt, declining by 2.8 percent, and its flat product output grew by 19.9 percent to 9.4 million mt, both on year-on-year basis. 

Finished steel consumption in Turkey in the first nine months of this year rose by 1.6 percent year on year to 26.5 million mt. In the given period, 51.1 percent of total finished steel consumption was for long products, while 48.9 percent was accounted for by flat products.

In the January-September period of this year, Turkish consumption of long products rose by 0.3 percent to 13.5 million mt, while consumption of flat steel products increased 3.02 percent to 12.9 million mt, both year on year.


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