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04 Nov
10:09

Turkish consumption decline slows further, exports slump

Turkish finished steel consumption fell -25.8% on-year in January-September to 18.9 million tonnes, while finished steel production was down -16.2% to 25mt, Kallanish learns from the Turkish Steel Producers Association (TCUD). This compares to -27.7% and -17.3% declines respectively in January-August. Nine-month long and flat steel consumption decreased by -39.4% to 7.8mt and -12% to 11.1mt, respectively. Long steel production dropped -22.5% to 14.9…
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