Turkey’s crude steel production hit 5.9 million tons in January-February, rising 12.7% from the same period last year, a trade group data showed on Wednesday.
The country’s steel products exports volume fell 4.9% year-on-year to 3.6 million tons in the first two months of this year, the Turkish Steel Producers’ Association (TCUD) said.
Turkey’s earnings from steel exports stood at $2.5 billion, down 9.6% during the same period.
The steel imports posted a 40.4% annual rise, reaching 2.6 million tons from January to February. In terms of value, crude steel imports rose 16.3% year-on-year to $1.8 billion.