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05 Oct
15:23

Turkish consumption growth turns negative

Turkish finished steel consumption fell -0.2% on-year in January-August to 23.1 million tonnes. Long steel use dropped -8.1% to 10.9mt and flats use increased 9% to 12.2mt, according to the Turkish Steel Producers’ Association (TCUD). Eight-month finished steel production rose 4.7% to 26.7mt thanks to a 23.1% surge in flats output to 10.3mt and despite a -4.3% decline in longs output to 16.4mt. Turkey's flats exports rose 24.1% on-year in …
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