In January this year, finished steel output in Turkey increased by 4.4 percent year on year to 3.4 million mt, according to the Turkish Steel Producers' Association (TCUD).
As stated in the TCUD report, in January Turkey's long product output totaled 2.4 million mt, rising by 13.9 percent, and its flat product output decreased by 11.5 percent to 1.02 million mt, both on year-on-year basis.
Finished steel consumption in Turkey in January declined by 0.02 percent year on year to 2.93 million mt. In the given month, 52.6 percent of total finished steel consumption was for long products, while 47.4 percent was accounted for by flat products.
In January, Turkish consumption of long products rose by 17.5 percent to 1.54 million mt, while consumption of flat steel products decreased 14.2 percent to 1.38 million mt, both year on year.