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16 Apr
04:03

Turkey’s steel demand to rise 9% in 2024

Turkey’s steel demand is forecast to reach 41.5 million tonnes in 2024, up by 9% on-year, but then to decline 5% on-year in 2025 to 39.4mt, worldsteel says in its April short-range outlook seen by Kallanish. In 2023, steel demand in Turkey is estimated to have reached 38.1mt, up by 17.2% on-year. The reconstruction of areas hit by natural disasters was a major factor supporting steel demand in 2023 in Turkey, as well as other countries in a similar situatio…
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