AT A GLANCE: Erdemir Group's 2020 earnings rise, output down slightly

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

In brief

Turkey’s biggest steel producer Erdemir Group produced 24% of Turkish crude steel in 2020. The group’s earnings before interest, taxes, depreciation and amortization (Ebitda) increased by 25.2% in 2020, while the Ebitda had decreased by 9.3% in January-September 2020. Erdemir started commercial production at its second galvanizing line at its Eregli facility in the...

Published

Serife Durmus

February 12, 2021

12:32 GMT

Bursa