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07 Nov
16:54

EU drives Erdemir's January-September exports increase

Erdemir's consolidated steel exports grew 34% on-year in the nine months through September, driven by a doubling in shipments to the European Union, Kallanish notes from the company's interim presentation. The integrated steelmaker's exports totalled 948,000 tonnes in January-September as exports to the EU alone stood at 686,000t, up from 342,000t a year ago. The share of the EU in Erdemir's total steel exports thus soared to 72% from 4…
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