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Kardemir Celik A.S. (Turkiye)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Kardemir Celik Sanayi Anonim Sirketi Profile Updated: October 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Kardemir Celik Sanayi Anonim Sirketi, located in Denizli, is a leading company in the domestic and international steel industry. It was established in 1968 and has been involved in importing and exporting since 2001. With over 2,000 employees, the company specializes in the production of long products such as profiles, merchant bars, rebars, wire rods, and billet products. It operates five production lines and has an annual production capacity of over 3,000,000 tons in the long product group. In September 2021, the company changed its name to Kardemir Celik Sanayi Anonim Sirketi, along with the Meltshop facility. Kardemir has two production facilities for rolling, one in Denizli and another in Izmir. The Denizli facility, established in 1968, operates with one production line in an 8,000 m2 closed area. The Izmir facility, established in 1998, operates with two production lines in a 30,000 m2 closed area. The company's production and stocking areas cover a total of 65,000 m2. Kardemir has also invested in a Meltshop Integrated Production Facility, which was completed in 18 months. This facility includes a GIS and Switchgear Facility, a Billet Production Line, a Carbon Facility, an Oxygen Facility, an Argon Production Facility, a Water Treatment Facility, and a Dust Collection Facility. In December 2022, the company started the Phase-2 investment, which includes a Wire Rod and Rebar production line with an annual production capacity of 500,000 tons and 200,000 tons, respectively. Kardemir aims to provide customer satisfaction through high-quality production and customer service. It has a wide range of standard and non-standard products and sizes to meet customer demands. The company has been recognized as one of Turkey's largest 500 industrial companies and largest 1000 exporter companies. It exports to over 100 countries worldwide and continues to improve its quality, product range, and investments.

Headquarters
No:15-1 Hacieyuplu Mahallesi 3075 Sokak Merkezefendi
Denizli; Aegean; Postal Code: 20050

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Website: http://www.kar-demir.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
October 30, 1986
Key Executives
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Chairman
Company Performance
Financial values in the chart are available after Kardemir Celik A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
66.04%
Total operating revenue
66.04%
Operating profit (EBIT)
119.4%
Net Profit (Loss) for the Period
-32.55%
Total assets
79.89%
Total equity
110.07%
Operating Profit Margin (ROS)
2.39%
Net Profit Margin
-0.78%
Return on Equity (ROE)
-3.57%
Debt to Equity Ratio
-52.94%
Quick Ratio
-0.19%

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