In the January-April period of this year, finished steel output in Turkey increased by 4.3 percent year on year to 12.12 million mt, according to the Turkish Iron and Steel Producers' Association (TCUD).
As stated in the report, in the first four months of this year Turkey's long product output totaled 8.79 million mt, up 5.2 percent, and its flat product output grew by two percent to 3.33 million mt, both on year-on-year basis. Meanwhile, 72.5 percent of the total finished steel output consisted of long products and 27.5 percent was accounted for by flat products.
Finished steel consumption in Turkey in the January-April period of this year rose by 11 percent year on year to 11.54 million mt.
In the first four months of the current year, consumption of long products in Turkey increased by 16.4 percent to 5.93 million mt, while flat product consumption rose by 5.7 percent to 5.61 million mt, both year on year. In the given period, 51 percent of total finished steel consumption was for long products, while 49 percent was accounted for by flat products.