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24 Dec
10:17

Kardemir foresees decreased first-quarter sales

Kardemir plans to sell a higher share of semi-finished product than rebar again in the first quarter of 2022, as it did in 2021. Overall Q1 sales, however, are projected to fall by 44,000 tonnes compared to the last quarter of 2021, to 503,000t. The Turkish integrated steelmaker plans to sell 140,000t of rebar, up from 111,000t in Q4 2021. Kardemir plans to decrease wire rod sales by 28,000t to 111,000t. Sales of sections, including rail, are expected to…
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