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19 Jul
15:33

Turkey needs action to reverse trade deficit: TCUD

Turkey's net steel importer position is negatively affecting the domestic steel industry. An intervention, such as preventing dumped imports, is therefore urgently required, says the Turkish Steel Producers' Association (TCUD). After 15 years of being a net exporter, Turkey became a net steel importer this year due to its declining exports and rising imports in the last three years. This happened despite Turkey having 19 million tonnes/year of idled…
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