Turkish integrated manufacturer of long steel Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.
Ş. (Kardemir) announced in a statement to the Turkish Public Disclosure Platform (KAP) that it has sold €14,564,000 worth of rails inclusive of VAT for use in domestic rail projects.
As previously reported by SteelOrbis, Kardemir has completed the sale of 15,000 tons of rails to the domestic market in February this year, before clinching a €11.83 million rail supply deal with Algeria's Infrarail in May.
Kardemir, the only rail manufacturer in Turkey and neighboring countries, operates a rail and profile plant with an annual capacity of 450,000 tons.