06
May
16:52
Turkey’s IDC posts lower 2023 revenue, profit
Turkish electric arc furnace-based steelmaker Izmir Demir Celik (IDC) decreased its 2023 revenue by 24.8% year-on-year to TRY 35.51 billion ($1.099 billion), Kallanish learns from the firm.
The company’s net profit decreased to TRY 1.409 billion in 2023 versus TRY 4.629 billion a year earlier.
Finished product sales in 2023 decreased by 6% to 1.43 million tonnes. The company sold 55,141t of billet in this period versus 14,015t a year earlier. Overall export…
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Anonymous
Very good overview of the weekly steel market.
Anonymous