Turkey’s steel industry is making a grab for a bigger share of the global market as China holds back production to cut emissions and Russia’s invasion of Ukraine mires two other key rivals in conflict. The recent devaluation of the lira has boosted the competitiveness of the country’s exports. In addition, steel buyers look to secure metal nearer to home after transportation costs soared and supplies were interrupted during the coronavirus pandemic.
Read more via: Asia.nikkei.com
