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29 May
16:26

Turkey’s Koc Metallurgy extends production halt through June

Koc Metallurgy tells Kallanish it will extend its production halt through June and resume crude steel production in July. Koc Metallurrgy stopped crude steel production for a month from 7 April due to measures taken against the coronavirus, as well as continued weak steel demand. It extended the stoppage once and has now done so for a second time. The company, which bought a US-origin scrap cargo on Thursday, is observed to be getting prepared to resume…
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