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13 Feb
16:26

EU quotas seen significantly curtailing Turkish rebar supplies

Turkish rebar exports to the EU may be slashed by -60% as a result of the bloc’s safeguard quotas, according to Namik Ekinci, chairman of Turkey’s Steel Federation. Turkish rebar mills have reduced their capacity utilisation owing to reduced demand in the Middle East and the US in recent months. Now, with the EU implementing import quotas, their production could decline further, Ekinci is quoted as saying by Turkish media reports. Turkish finished…
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