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11 Aug
09:14

IDC's H1 revenue rises despite lower shipments

Turkey's Izmir Demir Celik (IDC) raised its consolidated first-half revenue, although finished steel sales fell on-year on lower exports, Kallanish learns from the long steelmaker's interim activity report. Finished product sales declined -8.1% on-year to 736,035 tonnes in H1, affected by a -14% decrease in exports to 234,338t. No semi-finished product sales were made during the period, while 4,488t were sold a year ago. At the same time, ID…
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