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08 Mar
15:30

Domestic sales offset IDC exports drop in 2015

Turkey’s Izmir Demir Celik (IDC) saw its exports drop -33% on-year to 441,923 tonnes in 2015. However, this was compensated for by sales of rebar and profiles in the domestic market, the long steelmaker says in its 2015 financial report monitored by Kallanish. 2015 exports decreased due to the continuing economic slowdown in the global market, currency exchange rate fluctuations, rise in unutilised capacity, and plunge in steel product prices in export mar…
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