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02 Nov
09:16

Turkish production, exports plummet in September, outlook cloudy

Turkish steel producers have again lamented high electricity and natural gas prices, which have significantly increased these two components’ share in steelmaking cost and made Turkish mills uncompetitive. “The fact that the traditional 8% share of electricity and natural gas in the Turkish steel industry's total costs has reached 30% has led to a significant decline in our competitiveness in both domestic and export markets,” says Turkish St…
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