03
Nov
08:15
Turkey’s IDC more than doubles nine-month revenue
Turkish electric arc furnace-based steelmaker Izmir Demir Celik (IDC) more than doubled its revenue in January-September to TRY 7.2 billion ($747.3 million), Kallanish learns from the firm.
The company reported a net profit of TRY 83.1m in the nine months versus a net loss of TRY 665.9m last year. Nine-month Ebitda rose to TRY 866.6m from TRY 309.8m last year.
IDC saw a 17.1% on-year increase in nine-month finished product sales to 1,172,980 tonnes. Billet sales …
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Anonymous
Very good overview of the weekly steel market.
Anonymous