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04 Mar
10:55

Turkish steelmakers hope for better second half-year

Input prices will in the second half of 2019 return to levels that support production, and export tonnages could go back to 2018 levels if protectionism dwindles in foreign markets, according to the Turkish Steel Producers Association (TCUD). Weak demand in Turkey’s domestic market, observed in 2018, has continued in 2019. This, coupled with falling profit margins in export markets, means Turkish mills will struggle to reach 2018 levels of production and e…
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