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07 Jan
15:14

Cemtas to reduce output on weak demand

Cemtas says it will suspend production at its meltshop for seven days and at its rolling mill for five days during January due to weak Turkish steel market conditions. Stabiliser bar line output will continue unaffected. The firm expects no significant impact on its sales. Cemtas said last October it had secured a government investment incentive certificate to facilitate the purchase from a foreign supplier of a new stabiliser bar line that will double the produ…
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