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07 Jan
11:32

Turkey must increase consumption, 2019 exports curtailed: TCUD

Turkish steel exports and production will be negatively impacted in 2019, especially in the first half of the year, according to the Turkish Steel Producers Association (TCUD). Turkey is therefore seen needing to increase domestic consumption, as well as implement measures to reduce imports’ share in consumption. In November 2018 Turkish finished steel consumption slumped -44.7% on-year to 2.5 million tonnes, meaning January-November consumption fell -11.9…
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