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MMK Metalurji hot rolled coil production line suspended again

MMK Metalurji's hot rolled coil production line, which started production in April, has been suspended again.

MMK Metalurji hot rolled coil production line suspended again

In anticipation of high demand for hot rolled coil as a result of the earthquake in Turkey, the hot rolled coil production line at MMK Metalurji Steelworks started up again in early April.

The company's production, however, decreased as a result of unfavorable factors like lower-than-expected demand for hot rolled coil, a decline in demand prior to the elections, and low prices for imported inputs dominating the local market. As a result, the production line was again suspended.

Depending on the volume of orders, the timing of the restart will vary, but June is the most likely month for a complete return to production.

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