29
Dec
11:22
Turkey’s capacity utilisation falls to 51%: Yayan
Turkish steel production recorded the sharpest fall among the world’s largest 20 producers in November, at more than 30%, Veysel Yayan, General Secretary of the Turkish Steel Producers’ Association, told Bloomberg HT Turkey.
The 11-month fall thus deepened to 12.3%, he said, adding he expects the annual production contraction to exceed 13%. The average global steel production decrease is forecasted at below 3%.
“While average [Turkish] capacity …
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Anonymous
Very good overview of the weekly steel market.
Anonymous