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Kardemir - Latest news GMK Center

Photo – Turkey’s Kardemir has secured a contract worth $2.25 million to export railway wheels
Turkey’s Kardemir has secured a contract worth $2.25 million to export railway wheels

The contract was concluded with a client based in the Czech Republic

Photo – Kardemir increased steel production by 2.7% y/y in Q1
Kardemir increased steel production by 2.7% y/y in Q1

During the reporting period, Kardemir reported a net profit of $540,000, compared with a loss last year

Photo – Turkiye’s Kardemir plans to invest $1.5 billion in the next five years
Turkiye’s Kardemir plans to invest $1.5 billion in the next five years

The company also intends to increase steel production from 2.5 to 3.5 million tons in the short term