Finished Steel Output Increased By 3 Pct In H1 2016 YoY
3 August 2016
According to the Turkish Iron and Steel Producers’ Association (TCUD) statement, Turkish finished steel production in the first six months of 2016 was up by 3 pct to 18.89 mln tons YoY.
In January-June 2016, long steel production was up by 3.8 pct to 13.63 mln tons. Flat steel output was increased by 0.9 pct to 5.26 mln tons YoY. Long steel output share in total finished steel production was 72 pct and 28 pct was accounted for flat steel output.
In the period of January-June 2016, domestic steel consumption of long products increased by 6.75 pct to 9.3 mln tons YoY. Flat steel consumption was increased by 5.9 pct to 8.7 mln tons YoY.
Total finished steel consumption in the first half of 2016 was up by 6.3pct to 18 mln tons YoY.
Source : steelmillsoftheworld.com