Turkey’s finished steel output rises, consumption decreases in Jan-Oct

Monday, 03 December 2018 17:13:49 (GMT+3)   |   Istanbul
       

In the January-October period of this year, finished steel output in Turkey increased by one percent year on year to 32.6 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 20 million mt, down 7.3 percent, and its flat product output grew by 17.5 percent to 12.6 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-October period of this year decreased by 9.3 percent year on year to 27.3 million mt.

In the January-October period of this year, consumption of long products in Turkey fell by 18.1 percent to 12.5 million mt, while flat product consumption was down by 0.3 percent to 14.8 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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