Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkey’s crude steel production dropped by 8.1pc to 2.88mn mt in November from the prior year as production of steel by electric arc furnace decreased by 11pc from a year ago. 


In Turkey, crude production by integrated steel plants decreased by 1.7pc in November, according to the Turkish Steel Producers’ Association (TCUD).


Turkey Crude Steel Production (mn mt)
 Jan-Nov 2018Jan-Nov 2019% change



Turkey’s total steel products in Jan-Oct period rose to 18.5mn mt, an increase of 6.4pc in terms of quantity, but the export value decreased by 4.4pc to $13.6 billion from the prior year. Turkey’s steel product imports in the same period dipped by 21pc, down to 10.1mn mt, while in terms of value dropped 25.2pc to $ 8.4 billion from a year ago.

The ratio of exports to imports rose to 161pc from 126pc in the same period last year. In the Jan-Oct period, exports of long products increased by 2.2pc to 8.8mn mt, while flat product exports rose by 5.2 pc to 4.8 mn mt. Semi-finished steel exports increased by 82pc to 1.2mn mt. Imports decreased by 37.2 pc to 2.6mn mt. Flat-rolled imports decreased by 9.6pc to 6.1mn mt, while long product imports decreased by 23.3pc to 882,000mt.

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