09
Nov
07:44
Turkey’s IDC doubles nine-month revenue despite decreased shipments
Turkish electric arc furnace-based steelmaker Izmir Demir Celik (IDC) more than doubled its nine-month revenue to TRY 17.33 billion ($931.9 million), Kallanish learns from the firm.
The company’s net profit surged to TRY 426.4m in January-September versus TRY 83.1m last year.
Finished product sales in January-September decreased by 5.7% to 1,105,994 tonnes. The company did not sell any billet in this period versus 40,543t of deliveries last year. Overall ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous