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21 May
01:00

Turkish mills halt capacity expansions on falling production, rising imports

Turkish mills have halted capacity expansion projects in the last few years as the decline in production continued amid a surge in imports, mainly driven by China-origin deliveries, Kallanish learns from the Turkish Steel Producers Association’s (TCUD). Imports from China remain a “serious threat” to the Turkish steel sector, while the outlook for the steel market in 2015 is “bleak”, TCUD general secretary Veysel Yayan…
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