Last year, the company reported a net loss of 187.74 million Turkish liras ($4.28 million), compared with 485.58 million Turkish liras in 2024. Yükselen Çelik's operating profit was 73.3 million Turkish liras ($1.67 million) compared to 162.42 million Turkish liras in 2024, and sales revenue was 1.13 billion Turkish liras ($25.81 million), down 44.4% from last year.
The company's special steel processing capacity has been increased from 100,000 tons to 200,000 tons. However, the capacity utilization factor decreased in 2025 due to reduced demand in both domestic and international markets.
In addition, Yukselen Celik implemented several cost-reduction measures:
- The Dudullu sales office and warehouse were closed and transferred to Dilovasi steel service center,
- Izmir Steel Service Center was transformed into a sales office,
- The offices were consolidated,
- The workforce has been reduced by about 30 percent.
The company stressed that in 2026, the priority will not be to increase sales, but to focus on higher-margin products. Key strategies include expanding exports through foreign subsidiaries, increasing the share of special steel products with added value, and increasing gross and net profit.
