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Turkey’s finished steel output and usage decline in Jan-Oct

Friday, 29 November 2019 15:15:06 (GMT+3)   |   Istanbul
       

In the first ten months of this year, finished steel output in Turkey decreased by 15.8 percent year on year to 27.6 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 16.45 million mt, down 22.3 percent, and its flat product output fell by 3.9 percent to 11.2 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-October period of this year decreased by 21.5 percent year on year to 21.52 million mt.

In the first ten months of this year, consumption of long products in Turkey fell by 34.6 percent to 8.9 million mt, while flat product consumption was down by 8.4 percent to 12.57 million mt, both year on year.


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