10
Mar
14:29
Turkey’s IDC more than doubles 2022 revenue
Turkish electric arc furnace-based steelmaker Izmir Demir Celik (IDC) more than doubled its 2022 revenue to TRY 24.64 billion ($1.3 billion), Kallanish learns from the firm.
The company’s net profit surged to TRY 1.19 billion in 2022 versus a TRY 782.5 million loss a year earlier.
Finished product sales in 2022 decreased by 4.7% to 1,523,794 tonnes. The company sold only 14,015t of billet in this period versus 40,543t of deliveries in 2021. Overall exports …
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Anonymous
Very good overview of the weekly steel market.
Anonymous