
According to a statement released by the Turkish Iron and Steel Producers' Association, in 2011 Turkey's finished steel production reached 34.9 million tonnes up by 21.5% YoY exceeding the growth of 17% recorded in Turkish crude steel production.
Of the total finished steel production, 71.6% consisted of long steel products while 28.4% was accounted for by flat steel products. In addition, stronger growth was recorded in flat steel production due to new capacities added in 2011.
Turkey's flat steel production amounted to 9.1 million tonnes in 2011 with an increase of 36.9% while domestic production of long steel products rose by 16.3% to 22.87 million tonnes both compared to 2010. The association predicts 10% increase for Turkey's total finished steel production in 2012
(Sourced from Steel Orbis)
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