Turkish Steel Industry

2010 was a positive year for the Turkish steel industry compared to 2009 when Turkish steel industry fully compensated the production loss in 2009, despite weak export situation continued. After 5.6 % drop in 2009, Turkey’s crude steel production rose by 15.2 % to 29.1 million tons in 2010 and Turkey has kept its position as the 10th largest crude steel producer of the world and 2nd in Europe. New steel capacities came on stream especially during the second half of 2010 contributed to the growth of Turkey’s total crude steel production, especially in flat products.

Production

In 2010, the rise in Turkey’s crude steel production was over the world average, despite it was below some developed countries. However, Turkey’s steel production decline was comparatively moderate in 2009 which led to conservative production growth in 2010. Although sharp production increases seen in many developed top steel producing countries like Japan, USA, India, Russia, Germany, Ukraine and Brazil, they have not reached the pre-crisis production levels yet.  more>>

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