According to a statement released by the Turkish Iron and Steel Producers' Association, in the January to October period of this year Turkey's finished steel production reached 28.3 million tonnes up by 7.1% YoY.
20.9 million tonnes of the total finished steel production in the first 10 months consisted of long steel products while 7.4 million tonnes was accounted for by flat steel products. Turkey's flat steel production decreased 3.8% while domestic production of long steel products rose by 11.6% both compared to January to October 2011.
Meanwhile, Turkey's long steel product consumption in the first 10 months of the year exceeded 23.5 million tonnes rising 4.9% compared to the same period last year while the country's flat steel consumption was 11.4 million tonnes increasing 2.4% and its long steel consumption reached 12.2 million tonnes up 7.3% both compared to January to October 2011.