China Steel Imports To Curb Domestic Output

BMI: Rising steel imports from China will put downwards pressure on Turkish steel producers and curb production over the coming quarters. Meanwhile, d omestic consumption growth will remain strong on the back of continued infrastructure investment.Increasing steel imports from China will force domestic Turkish steel producers to curb output over the coming quarters. We expect output cutbacks by Turkish steel companies, as producers will face difficulty in maintaining profitability in...

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