21
Feb
12:58
Turkish white goods manufacturers warn of further contraction
Turkish domestic white goods sales are expected to decline -15% on-year in 2019 if the special consumption tax (SCT) on domestic appliances is reinstated, says the Turkish White Goods Manufacturers' Association (Turkbesd).
The SCT suspension curbed declining sales in 2018, but domestic deliveries of four main products – refrigerators, washing machines, dishwashers and ovens – still fell -17% last year to 6.03 million units. This contributed to a …
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Anonymous
Very good overview of the weekly steel market.
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