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

Friday, 01 November 2019 15:25:26 (GMT+3)   |   Istanbul
       

In the first nine months of this year, finished steel output in Turkey decreased by 16.2 percent year on year to 25 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 14.9 million mt, down 22.5 percent, and its flat product output fell by 4.7 percent to 10.1 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-September period of this year decreased by 25.8 percent year on year to 18.9 million mt.

In the first nine months of this year, consumption of long products in Turkey fell by 39.4 percent to 7.8 million mt, while flat product consumption was down by 12 percent to 11.1 million mt, both year on year.


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