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Turkey'S July Crude Steel Production Increased By 7.5% Year-On-Year, Exports Fell 1.6% Year-On-Year

Time: 2020-09-16 Category: Company News Tag: Turkish Crude Steel
Summary: According to data from the Turkish Iron and Steel Manufacturers Association (TCUD), in July 2020, Turkish crude steel production reached 3.1 million tons, an increase of 7.5% year-on-year.
According to data from the Turkish Iron and Steel Manufacturers Association (TCUD), in July 2020, Turkish crude steel production reached 3.1 million tons, an increase of 7.5% year-on-year.

According to data released by the World Steel Association (World Steel Association), in July, the crude steel output of 64 countries included in the World Steel Association's statistics was 152.7 million tons, down 2.5% year-on-year.

In July, Turkish crude steel exports fell by 1.6% year-on-year to 1.9 million tons, and exports were US$1.3 billion (8.891 billion yuan), down 8.7% year-on-year. In the same month, Turkey imported 1.2 million tons of crude steel, an increase of 17.4% year-on-year, and its import value was US$792 million, a year-on-year decrease of 11.1%.

From January to July, Turkey's crude steel output was 19.4 million tons, down 2.4% year-on-year; exports were 11.8 million tons, down 9.9% year-on-year.