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Turkey’s crude steel output increases by 3.4 percent in January-May

Wednesday, 15 June 2016 15:24:36 (GMT+3)   |   Istanbul
       
According to a statement released by the Turkish Iron and Steel Producers' Association (TCUD), the upward trend in Turkey’s crude steel output has continued.
 
Turkish crude steel output in May this year increased by 5.3 percent month on month and was up by 5.4 percent year on year to 3.04 million mt. In the given month, Turkey’s crude steel output by electric arc furnaces rose by seven percent year on year to 2.04 million mt, while crude steel output by integrated plants increased by 2.2 percent year on year to 1.0 million mt. 
 
Meanwhile, in the January-May period of this year, Turkey's crude steel production increased by 3.4 percent year on year to 13.62 million metric tons. In the given period, Turkey's crude steel output by electric arc furnaces rose by 2.1 percent to 8.91 million metric tons, while production by integrated plants increased by 5.9 percent to 4.72 million metric tons, both year on year.
 
In the first five months of this year, Turkey's billet output remained stable at 9.7 million metric tons, while its slab output rose by 12.7 percent to 3.93 million metric tons, both on year-on-year basis.

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