06
Sep
11:55
Accelerating steel production decline concerns Turkish steel producers
Turkish steel producers are concerned over the decrease in production gathering pace.
Following its slump in June, Turkey’s crude steel production plummeted 20.7% on-year in July to 2.7 million tonnes, while world steel production fell 6.5%. In July, Turkey thus fell two places in the world ranking of top steel producers to ninth behind Brazil.
Seven-month production declined 6.9% on-year to 21.6mt.
July finished steel consumption meanwhile fell 11.2% to 2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous