Turkish steel producer, Kardemir has announced its sales allocation plan for the first quarter of 2026, increasing billet volumes while reducing allocations for rebar, wire rod, and profiles compared with the previous quarter.
For Q1 2026, Kardemir plans to allocate 194,000 tons of billets, up from 171,000 tons in Q4 2025. By contrast, rebar allocations have been reduced to 156,000 tons, down from 164,000 tons in the previous quarter. Wire rod and profile allocations were also lowered to 134,000 tons and 101,000 tons, respectively, compared with 137,000 tons and 127,000 tons in Q4 2025.
In line with company policy, 30pct of total production will be reserved for shareholders, who are entitled to preferential purchasing rights.
Karabuk Demir Celik (Kardemir) was established in 1938 as a state owned company and Turkey’s first integrated steel producer. In 1995, the company was privatized. It offers steel products, such as blooms, billets, rebars, profiles along with other steel products.
