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04 Jan
14:56

Turkish steelmakers get no state subsidies, says CIB

Turkey’s steel industry has increased productivity to become more competitive and thus keep prices low. It does not receive government subsidies as these are prohibited by Turkey’s agreement with the European Coal and Steel Community, says Turkish Steel Exporters’ Association (CIB) board member Ali Pandir. Numerous inputs for steel production in Turkey, such as raw materials and energy, are imported. It has therefore been impossible for Turkish…
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