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Erdemir Group Reports 9M 2019 Results

https://en.steelhome.com [SteelHome] 2019-11-28 10:59:55

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The Position of Group within the Sector

Group’s production in 2018 has been 9.1 million tonnes. In the first nine months of 2019, the crude steel production in Ereğli Plant had decreased by 11 percent and went down to 2.246 thousand tonnes while the crude steel production in İskenderun Plant had decreased by 2 percent went down to 4.208 thousand tonnes. In the first nine months of 2019, Group’s production had decreased by 5 percent and went down to 6.454 thousand tonnes.

Operational Developments

Turkey’s first and only integrated flat steel producer, Group, who carries out production, operation, maintenance and modernization activities within its all facilities. Manufacturing 26% of all crude steel production in Turkey, Group again continued its operations in line with the principle of optimal costs, maximum productivity and quality of production in the first eight months of 2019.

Construction of 2nd Galvanizing Line, signed in 2015, finished and started to trial production in Ereğli. Value added galvanized production is aimed from new line to increase sales for manufacturing industry mainly automotive and white goods sectors.

Ersem, with 1 million 950 thousand tonnes of slitting and cut-to-length capacity, is Turkey's largest steel service center. With 4 production footprints in Gebze, Kdz. Ereğli, Iskenderun and Manisa, Ersem supplies just in time deliveries and storage services for our customers.

Production Plants and Productivity

Capacity used (%)

1 January – 30 September 2019

1 January – 30 September 2018

Liquid Steel

91%

96%

Slab

87%

93%

Billet

40%

38%

Products

The main products of the Group are as follows:

Erdemir

Isdemir

Ermaden

Tinplate

Billet

Pellets

Galvanized

Wire Rod

Iron Ore

Cold Rolled

Slab

 

Hot Rolled

Hot Rolled

 

Plate

 

 

Production (quantity)

Final Products (000 Tonne)

1 January – 30 September 2019

1 January – 30 September 2018

Flat Products

5.568

5.887

Long Products

757

684

Iron Ore and Pellet

1.408

1.299

Sales (quantity)

Final Products (000 Tonne)

1 January – 30 September 2019

1 January – 30 September 2018

Flat Products

5.471

5.591

Long Products

780

656

Iron Ore and Pellet Sales (*)

1.411

1.412

Source from ERDEMIR      


(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932)
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