In the first quarter of this year, finished steel output in Turkey increased by 1.2 percent year on year to 9.2 million mt, according to the Turkish Steel Producers' Association (TCUD).
As stated in the TCUD report, in the first three months of this year Turkey's long product output totaled 6.0 million mt, declining by 9.8 percent, and its flat product output grew by 30 percent to 3.3 million mt, both on year-on-year basis.
Finished steel consumption in Turkey in the first quarter this year fell by 9.3 percent to 7.67 million mt compared to the same period last year. In the given period, 43.7 percent of total finished steel consumption was for long products, while 56.3 percent was accounted for by flat products.
In the first three months of this year, Turkish consumption of long products fell by 21.1 percent to 3.36 million mt, while consumption of flat steel products increased by 2.6 percent to 4.31 million mt, both year on year.