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09 Mar
09:34

IDC raises sales, improves margins in 2016

Turkey's Izmir Demir Celik (IDC) posted an increase in sales and improvement in margins in 2016, Kallanish learns from the long steelmaker's full-year activity report. The scrap-based steelmaker's total finished product sales rose 3.3% on-year to 1.52 million tonnes and semi-finished product sales doubled to 5,997t last year. Exports increased 9% to 485,218t, while turnover from exports declined -6%, IDC says. The company's margins i…
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