Erdemir announced a net profit of 651 million TL in the 3rd quarter

Erdemir increased its sales with the support of the domestic market, announcing a net profit of 651 million TL in the third quarter of 2025; the share of exports settled at 19.2%, and capacity utilization remained at 81% over the nine months of the year.

Ereğli Iron and Steel Works (Erdemir) completed the third quarter of the year with a net profit of 651 million TL. The period data indicates a sales composition driven by domestic demand and a balanced production pace responsive to demand.

Sales Distribution

Third quarter sales revenues reached 53 billion TL. Domestic sales were decisive within the total at 40 billion TL, while foreign sales occurred at the level of 10 billion TL; the share of exports in revenue was 19.2%. The export rate was recorded at 22.3% in the first nine months of the year.

Production and Capacity

Total production in the first nine months was 5.57 million tons, and total sales volume was 5.60 million tons. While cautious planning was maintained for hot and cold products, a selective pace was followed on the long product side. The capacity utilization rate was realized at 81% during the nine-month period.

EBITDA per ton was at the level of 68 dollars/ton in the third quarter. This level indicates that operational efficiency was maintained while reflecting the impact of a flexible approach in product mix and market distribution.

Overall, the third quarter stood out with a domestic market-focused sales distribution, controlled production pace, and stable capacity utilization. The company aims to maintain its operational flexibility, considering product mix and market balance for the remainder of the year.

Source: Demir Çelik Store