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17 Aug
16:35

Turkey's 2016 steel output may rise 4.5%: TCUD

Turkey's crude steel production is estimated to grow by 4.5% to 33 million tonnes in 2016, if its second-half performance is similar to that of H1, according to the Turkish Steel Producers' Association (TCUD). The recovery in steel production in H1 does not imply enough growth to offset the losses incurred in past years. But it leads to cautious optimism for a shift in the trend in the industry to positive from negative, TCUD general secretary Veysel Yay…
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