In January-November, the company’s production increased by 11.2% y/y

In November 2024, steel enterprises in Turkey increased steel production by 0.7% compared to the same period in 2023, to 3.010 million tons. The figure increased by 0.4% compared to the previous month. This is evidenced by data from the Global Steel Association WorldSteel.

In January-November, steel production reached 33.91 million tons, up 11.2% compared to the same period in 2023. The average monthly production was 3.08 million tons, compared to 2.77 million tons in the first 11 months of last year.

Pig iron production in Turkey in November fell by 3.5% y/y and 3.3% m/m – to 817 thousand tons, and for 11 months it increased by 20.8% y/y to 9.44 million tons. Average monthly pig iron production in 2024 amounted to 858.1 thousand tons compared to 710.1 thousand tons a year earlier.