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06 Apr
11:37

Turkey’s Koc Metallurgy to halt production

Koc Metallurgy tells Kallanish it will stop crude steel production for a month from 7 April due to measures taken against the coronavirus and continued weak steel demand. “The situation in the Turkish local market is bad and the international market is not any better,” the firm says. “Considering the health of our employees, we have decided to halt production instead of struggling with weak market conditions. Initially, we will stop cru…
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