01
Oct
15:56
Imports curb Turkish capacity utilisation: TCUD
Half of Turkish steel consumption is met by imports while Turkish mills’ capacity utilisation rates are declining, says the Turkish Steel Producers’ Association (TCUD).
In the first eight months of 2020, Turkish steel production increased only 0.6% on-year, while consumption rose 13%. “The high amount of imports reduces capacity utilisation rates and consequently the increase in consumption is not fully reflected in production,” says TCUD g…
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Anonymous
Very good overview of the weekly steel market.
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