Consumption of steel end-products by Turkey increased by 8.7% year-on-year in January-June 2020, while crude steel production decreased by 16.3% compared with the first six months of 2019, the Turkish Steel Producers' Association (TCUD) said on Tuesday August 11.
The TCUD believed that the decline in production was a consequence of exports decreasing as a result of quota regimes in external markets while Turkey's own import volumes continued to rise, Fastmarkets understood.Crude steel output in January 2020 was 2.8 million tonnes, an increase of only 3.8% year-on-year. In June, however, steel end-products...