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27 Oct
15:35

Isdemir’s steel output declines post-earthquake, investments ongoing

Turkish steelmaker Isdemir, part of OYAK Mining Metallurgy, based in Iskenderun, saw reduced nine-month steel output, shipments and capacity utilisation as a result of due diligence studies following the 6 February earthquake. Isdemir’s crude steel production decreased by 19% on-year to 2.973 million tonnes in the first nine months of 2023, Kallanish notes. The İskenderun plant produced 420,000t of long steel and 2.025mt of hot rolled coil in the …
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