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02 Nov
14:39

Turkish steel needs support amid global downturn: CIB

The market outlook is uncertain and negative, Turkish Steel Exporters’ Association (CIB) vice president Uğur Dalbeler tells Bloomberg HT Turkey. Commodity prices are already pressured and, following their downtrend as a result of weak European demand and the US Federal Reserve’s loan rate hikes amid high inflation, Dalbeler sees uncertainty as the major problem. “There is great concern in the industry due to the uncertainties about how the [Ukra…
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