Turkey’s finished steel output rises in Jan-Apr, consumption declines

Thursday, 01 June 2017 15:08:15 (GMT+3)   |   Istanbul
       

In the January-April period of this year, finished steel output in Turkey increased by 1.4 percent year on year to 12.3 million mt, according to the Turkish Steel Producers' Association (TCUD). 
 
As stated in the TCUD report, in the first four months of this year Turkey's long product output totaled 8.01 million mt, declining by 8.7 percent, and its flat product output grew by 28.2 percent to 4.23 million mt, both on year-on-year basis. 
                                            
Finished steel consumption in Turkey in the January-April period of this year fell by 10.7 percent to 10.3 million mt compared to the same period last year. In the given period, 46.4 percent of total finished steel consumption was for long products, while 53.6 percent was accounted for by flat products.
 
In the first four months of this year, Turkish consumption of long products fell by 19.5 percent to 4.77 million mt, while consumption of flat steel products decreased by 1.2 percent to 5.51 million mt, both year on year.

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