Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkish integrated steel mill Kardemir has won a tender to supply railway wheels to the Republic of Turkey State Railways Transportation (TCDD).


In an announcement on the Turkish stock exchange on Friday, Kardemir indicated that it was the only Turkish producer to participate in the tender for 1,600 monoblock railway wheels. The steelmaker most recently supplied around 30,000mt of rails to TCDD.


Kardemir plans to produce 200,000 railway wheels per year, which will be sold in the domestic market and exported to Europe, the Middle East, and North Africa.

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