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02 Mar
15:29

Turkish consumption declines, CIS supply shortages concern steelmakers

Turkish steelmakers aim to ramp up capacity utilisation to plug any potential steel supply gaps in the domestic market left by the absence of Russian and Ukrainian material. “There is a possibility that Russia's invasion of Ukraine will cause production losses in these countries, which are two important steel producers, resulting in global and regional shortages of supply and accordingly price increases,” says Turkish Steel Producers’ Associa…
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