Turkish January-August crude steel output down by more than 10%

Turkey produced 22.55 million tonnes of crude steel in January-August 2019, down by 10.46% from 25.19 million tonnes in the corresponding eight-month period of last year, the Turkish Steel Producers Association (TÇÜD) said last week.

The drop in output was largely attributed to subdued end-user demand and weakening export markets for Turkish steel.
The European Commission (EC) imposed definitive safeguard duties on imports of a range of steel products on February 1. The Commission then started a review of these measures in May.

The current measures increase the level of tariff-free quotas for each product category by 5% each year...


Serife Durmus

September 23, 2019

17:10 GMT