Kardemir emphasized in a written statement that this agreement is a part of its vision to carry its domestic and national production power to international markets.
Delivery will be completed in 5 months
The company stated that the delivery process of the rail sales agreement is planned to be completed within 5 months from the date of the contract. With this agreement, Kardemir aims to reinforce its effectiveness in the global market by increasing its exports in the rail product group. In the company's statement, "In this direction, a rail sales agreement totaling EUR 11 million 826 thousand was signed between our company and Infrarail / Algeria. The delivery is planned to be completed within 5 months from the contract date."
Strengthening presence in the Algerian market
Kardemir's export activities to Algeria are not limited to this agreement. Previously announced on October 11, 2024, it was reported that the deliveries of the tender won within the scope of another rail export worth EUR 10 million 298 thousand 600 were successfully completed within 3 months. With this development, Kardemir deepened its commercial relations in the Algerian market and further strengthened its presence in the region.
Export targets grow with domestic and national production approach
The statement emphasized that Kardemir aims to become a preferred supplier not only in the domestic market but also in the international market with its high value-added products developed with the understanding of domestic and national production. Thanks to its integrated production structure, quality-oriented approach and advanced logistics capability, the company is increasing its export capacity day by day. In this respect, Kardemir continues to make a significant contribution to the foreign trade vision of the Turkish industry.
Prof. Dr. İsmail Demir: “We are opening stronger to world markets”
Prof. Dr. İsmail Demir, Chairman of the Board of Directors of Kardemir, emphasized the importance of the steps taken to increase exports, especially in value-added products such as rails, wheels and axles, drawing attention to the company's production power in strategic products. Demir used the following expressions:
"Thanks to these steps to increase exports of high value-added products such as rails, wheels and axles, which we have realized with great efforts and success, we are opening up to world markets more strongly. We aim for our products, which we develop with the understanding of domestic and national production, to find more space on an international scale. In this direction, we will continue our export activities with determination."
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