AT A GLANCE: Erdemir Group Q2 earnings down on lower production, sales

A summary of the financial results for Turkey’s largest steelmaking group, Erdemir, for January-June 2020.

In brief

Erdemir Group’s local flat steel sales decreased by 3.88% to 2.8 million tonnes in the first half of 2020. Erdemir Group’s local long steel sales increased by 6.35% to 419,000 tonnes in January-June 2020. Erdemir Group’s total steel exports were 687,000 tonnes of flat steel to 35 countries and 34,000 tonnes of long steel to nine countries in the first six months of 2020. A total of 721,000 tonnes of steel exports was 28.75%...

Published

Serife Durmus

August 07, 2020

15:15 GMT

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