Turkish steel producer Kardemir has announced its planned sales volumes for Q3 2026, increasing the share of finished steel products while reducing semi-finished steel allocations compared with the previous quarter.
Billet allocations have been cut to 280,000 tons from 350,000 tons in Q2 2026. Rebar allocations have been raised marginally to 162,000 tons from 161,000 tons, while wire rod allocations have increased significantly to 127,000 tons from 105,000 tons.
Meanwhile, profile allocations have been reduced to 79,000 tons, compared with 88,000 tons in the previous quarter.
In line with the company’s 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.