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04 Apr
15:52

Kardemir plans $1 billion of investment

Kardemir has new investment targets involving $1 billion spending in the next five years, says company chairman Alparslan Bayraktar. Speaking at the 28th ordinary general assembly meeting on 3 April, Bayraktar stated that in 2022, a total of 2.22 million tonnes of crude steel and 2.14mt of finished products were produced by Kardemir, Kallanish notes. Sales of profiles, which are among the products with high-added value, increased by 9% last year, while sales…
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