Turkey's crude steel output up in October rebounded

According to the Turkish steel mills Association (TCUD) data released in October, Turkey's crude steel production reached 2.77 million tons, up a slight increase of 2%, an increase of 11.5%.

TCUD noted that despite the global steel market stagnation, Turkey local steel market vicious competition, shrinking profits, the cost is difficult to control, but Turkish steel market still has to pick up in October, which is Turkey's crude steel per month, the first increase since April.

Among them, the Turkish EAF production reached 1.87 million tons, an increase of 2.3%, while the integrated steel production reached 89,800 tons, an increase of 1.4%.

In the first 10 months, the Turkish EAF output was only 17.43 million tons, down 13%. Affected by this, the first 10 months of this year Turkey's crude steel output was only 26.55 million tons, down 6.9%. (China Metallurgical News)