The Turkish manufacturer became Kocaer çelik showed strong results in the second quarter, and its net profit increased by 80 percent in the annual calculus of about 100 million Turkish lires, despite the difficult conditions in the global steel market. The steel company is aimed at 10 percent growth of revenue compared to the previous quarter in 2025, demonstrating stable operating indicators in the reducing world market.
strong financial indicators against the background of obstacles in the market
in an interview with Bloomberg HT General Manager Mehmet Chakmur said that the company has reached significant improvements in key financial indicators. The EBITDA indicator increased by 22 percent, while the company retained sustainable profitability in EBITDA at 14 percent. Pure profit in six months reached 393 million Turkish lire, which indicates a significant growth compared to the previous year.
“We work in accordance with the goals that we set at the beginning of the year,” said Mr. Chakmur. “Despite the fact that the world market has become faced with difficulties, our high operating indicators deserve attention.”
Global market problems create the possibilities
according to Chakmur, world production of raw steel decreased by about three percent from 2024 to 2025, and world production reached 1.884 billion tons in 2024. Asia accounts for 72 percent of world production, and only China produces 51 percent. This concentration means that the weakness in the Asian markets affects world prices for steel, he noted.
as a company, which is primarily focused on export, Kocaer çelik
