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Turkey's Crude Steel output falls 10.6% in Jan-Oct

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ANKARA (Scrap Register): Turkey's crude steel production slipped 10.6% year-on-year to 28 million tonnes in January-October this year, the Turkish Steel Producers' Association (TCUD) said.

Crude steel production in October of 2019 declined 15% to 2.7 million tonnes compared to the same month of the previous year.

The country's steel export volume surged 6.4% on an annual basis to 18.5 million tons in the same period, while its value fell 4.4% to $13.6 billion.

Meanwhile, the country's steel imports slipped 21% to 10.2 million tons due to shrinking consumption.

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