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20 Sep
16:02

Turkish steelmakers suffer from rising energy costs

Turkish steel producers are seen suffering from increasing energy costs as well as weak finished steel demand in both domestic and global markets. One mill source tells Kallanish: “With the rising energy prices, the energy expenditure among a steel producer's costs increased by 25% between June and August.” Another producer says its energy costs have almost doubled in one year and they continue to rise. He adds: “The increase stemming only f…
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