9,724.50 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
73.24 USD Fossil Oil Fossil Oil
29.75 USD Silver Silver
4.12 USD Copper Copper
100.31 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,628.71 TRY Gold (gr) Gold (gr)

World crude steel production remained stable in 2023 Türkiye's production decreased by 4%

World Steel Association (Worldsteel) announced global crude steel production data for 2023. Global crude steel production increased by 0.0 percent compared to the previous year, reaching 1 billion 888.2 million tons. Türkiye's crude steel production decreased by 4 percent to 33.7 million tons.

World crude steel production remained stable in 2023 Türkiye's production decreased by 4%

While there was a 0.7 percent increase in Asia's general steel production, China produced 1 billion 19 million tons with a 0.1 percent increase. India, on the other hand, produced 140.2 million tons with an increase of 11.8 percent. Among other important steel producers, Japan's 2.5 percent contraction and the USA's 0.2 percent increase attracted attention.

Steel production in the European Union (EU) decreased by 7.4 percent to 126.3 million tons. While Germany's production decreased by 3.9 percent, the production of Italy and France also decreased. While production in Iran increased by 1.8 percent, there was a decrease of 0.6 percent in Ukraine.

Türkiye ranked 8th in global crude steel production with 33.7 million tons, with a 4 percent decrease. The 14.9 percent decrease in production in China reduced global crude steel production to 135.7 million tons in December 2023, a decrease of 5.3 percent compared to the previous year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

‘IMF: Gulf countries continue to grow on reforms and steel production’

Monday, December 23, 2024

India launches investigation into flat steel product imports

Monday, December 23, 2024

Italy's crude steel production decreased in November

Monday, December 23, 2024

Ukraine increased the export of scrap by 62.4%

Monday, December 23, 2024

Dofer Yapı expands Karabük factory: Receives 31.6 million TL investment incentive certificate

Sunday, December 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now