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04 Jun
13:41

Turkish consumption, output declines slow in April

Turkish finished steel consumption slumped -33.2% on-year in January-April to 7.9 million tonnes, according to Turkish Steel Producers Association (TCUD) data monitored by Kallanish. Finished steel output fell -21.5% to 10.7mt. The declines slowed compared to the first quarter when consumption and production fell -38.7% and -25% respectively. Four-month long products consumption dropped -45.2% to 3.4mt, while flats use fell -20% to 4.5mt. Output of …
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