17
Aug
01:00
Izmir Demir Celik H1 exports fall, domestic demand revival foreseen
Turkish long steelmaker Izmir Demir Celik (IDC) posted a -21% year-on-year drop in its first-half exports due to unfavourable market conditions. However, the company anticipates demand at home to pick up soon, Kallanish learns from its first-half-of-2015 report.
The oil price slump has hampered investments and therefore demand in Turkey’s main steel export markets, such as the Middle East. The depreciation of the euro against the dollar has p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous