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04 May
18:44

Kardemir's first-quarter bloom, profile shipments surge

Turkish integrated long steelmaker Kardemir's consolidated sales volume increased 15% on-year in the first quarter as bloom, profile and rail sales soared, Kallanish notes from its quarterly activity report. Total sales stood at 574,224 tonnes in Q1. The -36.4% y-o-y drop in billet sales to 125,111t was more than offset by an 85.4% surge in bloom sales to 113 220t. In the finished product segment, rebar sales climbed 3% to 164,934t, while profile sā€¦
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