Turkish long steel producer Ko?? Metalurji intends to halt steel production to allow maintenance work during the first month of 2019, a mill source told Fastmarkets on Wednesday November 28.
Production operations at Ko?? Metalurji will stop from Tuesday January 1 until Thursday January 31. The mill may return to the market later than the end of January, however, depending on trading conditions.
"We were delaying the maintenance for a while and have decided to start it on January 1," a mill source said. "However, we may delay resumption [of operations] until mid-February if market conditions do not recover, but there is no final decision on this yet."
Koc Metalurji has capacity for 1.2 million tonnes per year of crude steel and 500,000 tpy of rebar.
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