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26 Jan
14:47

Turkey's flat steel prices remain stable

Turkey’s flat steel market remains stable, with possible increases limited by the continued influx of China-origin imports, market participants inform Kallanish. On Thursday, Turkey’s central bank increased the key interest rate by an additional 2.5 percentage points, in line with expectations, continuing a series of hikes to address inflation, which rose to nearly 65% in December. Economic constraints are contributing to increased costs, impacting dom…
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