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18 Jan
15:21

Turkish production slumps in December, 2018 nevertheless strong

Turkish crude steel production declined -11.7% on-year in December 2018 to 2.9 million tonnes, Kallanish learns from the Turkish Steel Producers Association (TCUD). This was led by a -16.9% slump in electric arc furnace-based output, while oxygen converter-based production rose 0.2%. In full-year 2018 Turkish crude steel output fell -0.6% on-year to 37.3mt, albeit compared to a record annual output of 37.5mt in 2017. EAF output fell -0.6% to 25.8mt and integrate…
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