Turkish finished steel consumption falls 34%, exports rise 36% in 2001

Turkish consumption of finished steel products fell 34% in 2001 compared to 2000, to 8.7m tonnes, according to the latest figures from the country’s Iron & Steel Producers’ Association. Carbon flats and longs consumption were respectively 4.3m tonnes and 4m tonnes.
Production of finished steel fell as well, but by only 10% to 12.9m tonnes, with 3m tonnes for flats and 9.6m tonnes for longs. As a consequence, exports rose a massive 36% y-o-y to 9.5m tonnes. The biggest increases were for billets and flats with a 77% rise for both categories. Billet exports last year were over 2m tonnes, a five-year record. Exports of long products increased 20% to 5.9m tonnes.
Meanwhile, imports decreased 32% to 4.2mt. Flats imports totalled 2.7m tonnes, down 26%, well below the levels of previous years.

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