9,393.79 TRY BIST 100 BIST 100
43.18 EUR EUR EUR
38.12 USD USD USD
5.24 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
48.68 TRY Interest Interest
64.02 USD Fossil Oil Fossil Oil
39.92 USD Silver Silver
4.55 USD Copper Copper
98.08 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,032.17 TRY Gold (gr) Gold (gr)

Turkey's highest steel production took place in 2021

Turkey's annual crude steel production figures have fluctuated over the last five years.

Turkey's highest steel production took place in 2021

Turkey's annual crude steel production figures have varied over the last five years.

In 2018, Turkey produced 37.31 million tons of crude steel, while in 2019, crude steel production decreased by 9.56% to the lowest level in the last five years.

In 2019, Turkey produced 33.74 million tons of crude steel, which increased by 5.88% in 2020.

During the pandemic, while the world's steel production shrank in 2020, only five countries including Turkey (China, Vietnam, Russia, Iran) showed growth. Other major producers such as the US, Japan, Germany, Italy, and India showed a decline of around 10-20%. With China focusing on domestic consumption and reducing its exports compared to previous years, Turkey exported a significant amount of steel to the Far East and Southeast Asia markets that were left vacant by China.

Turkey's steel production, which began to increase in 2020, reached its highest level in the last five years in 2021.

In 2021, Turkey produced 35.2 million tons of crude steel, but this decreased by 11.78% in 2022 to 35.2 million tons.

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

Akçelik sold all shares of its European subsidiary to Exxellin GmbH

Thursday, April 17, 2025

Rio Tinto's first quarter results hit by a storm

Thursday, April 17, 2025

Bahrain Steel takes a new step in digitalization and sustainability

Wednesday, April 16, 2025

Oman and the Netherlands join forces on green hydrogen corridor

Wednesday, April 16, 2025

Turkish company Shahi Steel opened its new production facility in Bosnia and Herzegovina

Wednesday, April 16, 2025
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