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23 Jun
13:51

IDC plans to double steelmaking capacity

Izmir Demir Celik (IDC) plans to double its crude steelmaking capacity to 2.8 million tonnes/year in order to increase its domestic market share and revenue, the Turkish long steelmaker says. Turkey is carrying out various studies and introducing measures to support economic growth during the Covid-19 pandemic. Construction sector activity is growing and generating more demand for construction steel, IDC observes. The steelmaker has responded to these developments…
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