9,347.17 TL BIST 100 BIST 100
€33.62 EUR EUR
4.34 CNY CNY CNY
31.06 $ USD USD
0.13 CNY CNY/EUR CNY/EUR
43.42 TL Interest Interest
83.25 $ Fossil Oil Fossil Oil
22.62 $ Silver Silver
3.88 $ Copper Copper
121.11 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,023.50 TL Gold (gr) Gold (gr)

Iskenderun iron and steel to receive insurance compensation for damages

In conjunction with the earthquake centered in Kahramanmaraş on February 6, 2023, Isdemir has released a statement to the Public Disclosure Platform (KAP). The company will receive a $100 million advance from the insurance company due to the damage it incurred.

Iskenderun iron and steel to receive insurance compensation for damages

Iskenderun Iron and Steel made an announcement on the Public Disclosure Platform (KAP) today, stating that they have reached an agreement with the insurance company regarding the advance payment to be collected under the insurance coverage due to the damage they suffered. The KAP statement indicated that the $100 million advance amount will be collected by Isdemir in exchange for the damage compensation.

In the statement submitted to the Public Disclosure Platform (KAP), it was announced, "Due to the earthquake that occurred on February 6, 2023, an agreement has been reached for the collection of a $100 million advance payment under the insurance coverage for damages to be collected by Iskenderun Iron and Steel Inc. The process regarding the total damage compensation to be collected under the insurance coverage and future payments is ongoing, and developments on this matter will be shared with the public."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea increased its crude steel production in January

Saturday, February 24, 2024

Nippon Steel's bid to acquire US Steel has ignited national security debates in the US

Saturday, February 24, 2024

NLMK Europe announced the partnership with Askon Demir Çelik

Saturday, February 24, 2024

The US imposes sanctions on 93 entites, including Türkiye: Here are 16 targeted companies from Türkiye

Saturday, February 24, 2024

Iron ore prices in decline: Abundant supply and weak demand continue to pressure

Saturday, February 24, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now