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【Ferro-alloys.com】:According to a statement released by the Turkish Steel Producers'Association(TCUD), in January this year crude

steel production in Turkey increased by 24.7 percent year on year to 3.2 million mt, ranking seventh among crude steel producing countries globally. With this performance, Turkey has become the largest steel producer in Europe, leaving Germany behind.

 

In the given month, finished steel consumption in Turkey rose by 19.5 percent to 3.5 million mt, both year on year. In January, Turkey's steel exports increased by 23 percent to 894,700 mt, while the value of these exports rose by 10.1 percent to $662.1 million, year on year. Looking at the exported products, flat and long product exports in the given month amounted to 347,800 mt and 536,700 mt, respectively, with an increase of 89.1 percent and two percent year on year, while semi-finished product exports decreased by 41.3 percent year on year to 10,200 mt.