Turkey's Crude Steel output declines 10.6% in July
ANKARA (Scrap Register): Crude steel production in Turkey declined 10.6% from a year earlier to 2.9 million tonnes in July, according to latest data from the Turkish Steel Producers' Association (TCUD).
Turkey's crude steel output in the first seven months of this year also fell 10.2% year-on-year to 19.9 million tonnes.
The country's steel export volume rose 5.7% to 1.9 million tonnes in July. However, the value of steel exports slipped 4.5% to $1.4 billion due to falling prices, it said.
Meanwhile, the country's steel imports rose 7.8% to 1.1 million tonnes in July. Turkey paid $890 million for imports.