Monday, September 19, 2011

Turkey to increase the production of rolled products

Turkey will increase the production of flat rolled products by 40% in 2010. This is stated in these Turkish Iron and Steel Association, said Yieh Corp. According to Turkey has produced 6.35 million tons of flat steel in the first 11 months of 2010 and is expected to produce about 7 million tons for the whole year. In addition, major Turkish mills probably will experience growth in 2011. It is known that the CMI Atakas plans to produce blanks with the I quarter of 2011 and can produce 2.3 million tons of crude steel a year. In addition, Colakoglu plans to produce 2 million tons of flat rolled products in 2011. Isdemir also expect a surge capacity to produce flat-rolled products in the II quarter of 2011. Recall that Turkey, in November 2010 compared to November 2009 increased imports of iron and steel by 39.1% to 1.33 billion dollars, however, compared to the previous month supply of the metal in the country decreased by 5%. In general, the first 11 months of this year compared with the same period last year, imports of iron and steel in Turkey rose by 42,4% and reached 14.45 billion dollars previously reported that Turkey, in November 2010 compared to November 2009 increased steel exports by 10,1% to 655.75 million dollars Ministry of Industry

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