Fitch Ratings, established by the US Securities and Exchange Commission, made optimistic predictions about the global steel market.
The authorities and market experts says that the steel industry continues its steady rise.
According to Fitch Ratings, supply chains in the country have been strengthened thanks to steel companies in the USA. In addition, the additional investment opportunity in value-added products allowed the steel companies in the country to improve.
Looking at Europe, the effects of the filling of the surrounding warehouses in 2022 are striking. Despite the low demand as a result of this, the steel industry is known to maintain its commercial assets by making spot contracts.
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