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16 Oct
11:32

Turkish demand seen partially recovering in 2019

The World Steel Association (worldsteel) forecasts Turkish steel demand to contract -2.3% on-year in 2018 to 35.2 million tonnes due to the country’s currency crisis. However, “…the government’s stabilisation measures and a consequent return to the competitiveness of the manufacturing sector is expected to help recovery in 2019,” the association says in a report sent to Kallanish. Demand next year is seen rebounding 1.5% on-year to…
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