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

Friday, 02 November 2018 17:10:49 (GMT+3)   |   Istanbul
       

In the January-September period of this year, finished steel output in Turkey increased by 3.1 percent year on year to 29.6 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 18.1 million mt, down six percent, and its flat product output grew by 21.6 percent to 11.5 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-September period of this year decreased by 4.6 percent year on year to 25.3 million mt.

In the January-September period of this year, consumption of long products in Turkey fell by 13.8 percent to 11.7 million mt, while flat product consumption was up by five percent to 13.6 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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