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01 Feb
14:01

Turkish steel consumption loses over 5mt in 2018

Turkish finished steel consumption declined -15% on-year in 2018 to 30.6 million tonnes, a drop equivalent to 5.4mt, according to the Turkish Steel Producers Association (TCUD). Finished steel output dropped only -1.1% to 38.6mt. The shallower output fall came as Turkish steel exports surged 20.5% in 2018 to 22.1mt, while their value grew 32.1% to $17.7 billion. Longs exports rose 15.4% to 10.7mt, flats shipments grew 43% to 6.1mt, pipe deliveries abroad rose 6.…
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