The World Steel Association has reported that Türkiye’s crude steel output declined by 5.9 percent in January from a year ago to 2.9 million tons. The downward trend continued into February, with output over the first two months of 2025 falling 3.7% compared to the same period last year, totaling 6.1 million tons. Türkiye ranked the seventh-largest crude steel producer in […]
China’s crude steel production dropped by 4.3% in November compared to October, driven by lower profit margins and seasonal weakening in demand, according to official data released on Monday. The National Bureau of Statistics (NBS) reported that the world’s largest steel producer manufactured 78.4 million metric tons of crude steel last month, down from 81.88 […]
Turkey – The World Steel Association predicts a decline in crude steel demand in Türkiye with an expected drop of 5.5 percent in 2024 reducing the total demand down to 36 million tons from the previous year. The association’s report further projects, that a 1.4 percent decrease in 2025 brings demand down to 35.5 million tons. Crude steel demand has been observing a surge between 2022 […]
