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01 May
01:00

Turkish alloy bar maker Cemtas sales decline -27% y/y in Q1

Turkey-based alloy bar producer Cemtas says its total sales decreased -27% year-on-year to 26,024 tonnes in the first quarter. Domestic sales were down -23% to 13,380t and exports fell -31% to 12,644t. Exports’ share in sales thus fell to 49% from 51% in the same period a year ago, Kallanish learns from Cemtas. First-quarter production at the company’s rolling mill dropped -48% y-o-y to 20,649t. The plant’s caster stopped operating for thre…
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