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Turkey Steel Output In April Up By 2.6%

Steel News - Published on Wed, 12 Jun 2019

Image Source: hurriyetdailynews.com
Hurriyet Daily reported that Turkey’s crude steel production rose 2.6% on a yearly basis in April to reach 3 million tonnes. Turkish Steel Producers’ Association said that the country’s steel products exports also surged 22.7% YoY to reach 1.9 million tonnes in the month. The value of steel exports totaled USD 1.4 billion in April, up 9.8% from the same month last year. During the same period, the volume of steel imports fell 20.4% to 1.2 million tons. In terms of value, crude steel imports dropped 26.4% YoY to USD 965 million.

In the first four months of this year, the country’s crude steel output declined 10.5% to 11.2 million tons.

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Posted By : Rabi Wangkhem on Wed, 12 Jun 2019
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