(Bloomberg) Turkish officials are considering extending a closure of the Istanbul stock market past Wednesday, according to people familiar with the matter. Turkish opposition urged Capital Markets Board and Borsa Istanbul’s top officials to resign for keeping the stock market open in the first days after two powerful earthquakes rocked Turkey’s southeast and Syria, killing more than 37,000 people. Twin quakes hit 32% of Turkey’s steel production according to an industry association. Key Developments: Turkish Business Group Sees Quakes’ Economic Toll at $84 Billion Why Turkey’s Next Election Is a Real Test for Erdogan: QuickTake Turkish Anger Turns to Erdogan Over Quake Delays, Weak Buildings Quake Aid Is Political Pawn as Powers Clash Over Syria Access Turkey Wants Russian Green Light for Faster Aid Flow Into Syria (All times Istanbul, GMT+3) Death Toll Nears 38,000 (3:30 p.m.) The death toll in Turkey from the two quakes rose to 31,643, disaster management agency AFAD sai
Turkey increased its steel output during the Covid-19 pandemic due to pressing infrastructure needs and strong steel consumption, general secretary of the Turkish Iron and Steel Producers' Association (TCUD) Veysel Yayan said.