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09 Jan
10:39

Import concern tempers Turkish steelmakers’ positive 2020 outlook

The Turkish Steel Producers’ Association (TCUD) says increased finished steel consumption in October and November 2019 is a positive sign for 2020. Consumption rose 34.4% and 49.7% on-year in October and November, respectively. “However, …the increase in consumption was not reflected in our production due to the decrease in exports and the increasing share of imports in domestic consumption,” TCUD explains. “Under the current circum…
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