Turkey is set to witness growth in steel production

Turkey is set to witness growth in steel production. Increased capacity addition in flat steel products will be the key to steel production growth from now to 2015, according to an assessment by Colakogulu Metalurji's CEO Ugur Dalbeler at an industry conference here which began on Monday. Turkey's electric arc furnaces are diversifying from mainstay reinforcing bar, wire rod and billet products. The nation's annual hot metal production capacity may grow by 6.7% year on year to 46.3 million mt/year in 2011, and reach 51.2 million mt/year by 2013, Platts.com reported.