Turkey’s finished steel output up 6.3 percent in January-July

Monday, 03 September 2018 17:06:32 (GMT+3)   |   Istanbul
       

In the January-July period of this year, finished steel output in Turkey increased by 6.3 percent year on year to 23.8 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 14.6 million mt, down 2.4 percent, and its flat product output grew by 24 percent to 9.2 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-July period of this year increased by 4.1 percent year on year to 20.7 million mt.

In the first seven months of the current year, consumption of long products in Turkey declined by three percent to 9.8 million mt, while flat product consumption was up by 11.6 percent to 10.9 million mt, both year on year. In the given period, 47 percent of total finished steel consumption was for long products, while 53 percent was accounted for by flat products.


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