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Turkey’s increasing use of Asian steel poses a risk to the Turkish manufacturing industry, Turkish Steel Exporters’ Association (CIB) vice president Uğur Dalbeler tells Bloomberg HT. Imports from China, South Korea, Japan and India have increased significantly in the last two months due to Turkey’s rising production costs on costlier energy, Dalbeler says. This means Turkey’s steel industry is likely to face further contraction, Kallanish n…
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