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30 May
13:32

Turkey prefers Asian slab, prices stymie trade: conference

Most Turkish steel companies, especially those who are multinational enterprises, are hesitant to buy Russian steel due to the fear of being subject to sanctions, says Galex Steel International managing director Gorkem Bolaca. “At the moment, the market in Turkey is very cautious and domestic companies prefer to buy slabs from Asian countries,” he noted at the Kallanish Europe Steel Markets 2022 event on Monday. After the outbreak of war in Ukraine, R…
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