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14 Jul
16:58

Sluggish demand, export commitments challenge Turkish flats producers

Turkish flat steel demand continued to exhibit sluggishness last week, amid sufficient stock levels among buyers and incoming imports, market participants inform Kallanish. The country is facing economic challenges, including liquidity problems, devaluation of local currency, persistently low demand from export markets, and sharp decrease of prices in the longs segment. All these factors contributed to the overall subdued state of the steel market. Interest in fla…
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