Steelmaker Erdemir Group’s earnings up 4% in Q1 2019

Turkey’s biggest steel producer, Erdemir Group, has reported earnings before interest, taxes, depreciation and amortization (Ebitda) for the first three months of 2019 of TRY1.733 billion ($291.3 million*).

This was up by 3.82% from TRY1.669 billion for the corresponding period in 2018.

The group sold 1.888 million tonnes of flat steel products in January-March 2019, down...

Published

Serife Durmus

April 30, 2019

19:25 GMT

Bursa