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03 May
11:55

İsdemir continues investments despite drastic capacity utilisation cut

Turkish steelmaker İsdemir, part of OYAK Mining Metallurgy, significantly reduced capacity utilisation in the first quarter to assess the damage from February’s earthquakes, but continues several investments projects, Kallanish learns from company’s first-quarter earnings report. The company's Q1 crude steel production was 423,000 tonnes, compared to 1.337 million tonnes in the same period a year ago, due to the suspension of production to conduct …
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