Recently, market prices for energy and scrap metal have remained high, and the rise in steel prices in the Turkish domestic market and in world markets was still uncertain.
In this situation, some Turkish long steel mills have begun to consider temporarily shutting down production. These Turkish producers will not resume production until market demand recovers.
Due to low demand, steel inventories at these plants were constantly increasing. In addition, the Turkish currency has depreciated significantly in recent days.
Turkish steel mills considering shutdown
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Azovpromstal® 26 August 2022 г. 11:05 |
