Erdemir Reports Results for 2020
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Erdemir Reports Results for 2020

Turkey’s biggest steel producer Erdemir Group produced 24% of Turkish crude steel in 2020. The group’s earnings before interest, taxes, depreciation and

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. The company made a profit of 3.31 billion TRL in the full year of 2020. Sales of the company were 32.05 billion TRL throughout 2020.

Production 2020

Flat Products - 7.266 million tonnes up 0.1% YoY

Long Products - 0.992 million tonnes down 3.3%YoY

Iron Ore and Pellet - 2.137 million tonnes up 10.3% YoY

Sales 2020

Flat Products - 7.489 million tonnes up 3.3% YoY

Long Products - 1.006 million tonnes down 4.8% YoY

Iron Ore and Pellet Sales - 2.031 million tonnes 4.6% YoY

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