Kardemir Çelik Board Member Özlem Bakırel emphasized that the company continues its steady growth with strong financials and investments, noting that it has risen higher in the ISO 500 rankings over the years and advanced from 22nd to 9th place in the EBSO rankings over the past four years. She also stated that the company holds approximately a 4.2% share in Türkiye’s crude steel production and that its revenue showed a significant increase between 2023 and 2024, surpassing 10 billion TL in the first half of 2025.
“The new investment will boost our production capacity and revenue”
Highlighting the positive impact of the planned profile rolling mill investment in Bozköy, Aliağa, İzmir, on the company’s performance, Bakırel said: “The increasing use of steel structures worldwide is driving demand for large profiles; accordingly, we are expanding our product range. Within the scope of the large profile line, in addition to producing 200 mm UPN, IPN, and IPE profiles, we plan to produce product groups over 200 mm by the end of 2025. The new facilities will also manufacture special profiles for solar power plants and the mining and shipbuilding industries. With the investment scheduled to be commissioned in the second quarter of 2026, we aim to increase production capacity while reducing production and maintenance costs. We plan to boost our billet production capacity from 900,000 tonnes in 2024 to 1.2 million tonnes in 2025, and to reach a total production capacity of 2.5 million tonnes across all plants. The investment is expected to have a positive impact on our revenue, market share, and profitability. With the commissioning of new investments, we anticipate approximately a 10% increase in total revenue, and, thanks to the higher positioning of new products, an estimated 25% rise in profit.”
“Our carbon footprint will shrink, and our competitiveness will grow”
Bakırel stressed that the investment will significantly contribute to the company in terms of energy efficiency: “In modern facilities, energy-efficient and environmentally friendly production technologies will reduce costs and minimize environmental impacts. This will facilitate compliance with the European Green Deal and provide an export advantage. We expect a significant reduction in our carbon and water footprints.”
“We forecast a 25% increase in exports”
Explaining the positive impact of increased product diversity on export capacity, Bakırel added: “With the new technology, we will be able to produce not only standard construction steels but also high-quality and special alloy products for the automotive, defense, white goods, energy, and shipbuilding industries. Developed markets such as Europe and the U.S. demand higher quality standards and certifications; these investments will be a major advantage in meeting those requirements. In regions like Africa, the Middle East, and South America, there is demand for quality yet affordable products. Product diversification and capacity growth will facilitate access to these markets, and we expect a 25% increase in our exports. Moreover, the use of new technologies after the revision will accelerate training processes and improve workforce quality.”
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