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12 Aug
11:54

Turkey’s Cemtas reports decreased sales in first half

Turkey’s Cemtas produced 74,047 tonnes of crude steel in the first half of 2020, up 9.8% on-year. Rolled products output was also up 1.7% to 66,020t, Kallanish notes. The company, however, reported a -5.6% on-year decrease in first-half sales, with domestic deliveries down by -6.9% to 42,702t and exports down -3.3% to 23,960t. The share of exports in overall sales remained unchanged at 35%. Turkish crude steel output was down -4.1% on-year in H1 to 16.3 mil…
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