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02 Apr
12:11

Kardemir to decrease production amid Covid-19

Kardemir has decided to decrease production on account of the global Covid-19 pandemic. Output will be cut by around -20%, sources at the steelmaker tell Kallanish. In a stock exchange filing the firm says: “As a result of the analysis done on the effects of the epidemic on the company, especially in the steel industry, it has been decided to partially reduce the production level by bringing forward planned maintenance and repair activities throughout the co…
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