Kocaer Çelik increased its EBITDA margin in the first nine months of 2026

Kocaer Çelik raised its net profit by 50% year-on-year to 865 million TL in the first nine months of 2026, while lifting its adjusted EBITDA margin by 2 percentage points to 14.7%. The Turkish steelmaker increased the share of value-added products in its sales volume to 47% and reduced its net financial debt. In October, the company also booked a new steel profile order worth $68.3 million. The margin gain and debt reduction signal improving profitability and balance-sheet discipline as the company shifts its mix toward higher-value output. Investors will watch whether the October order converts into revenue and whether the value-added share continues to climb in the fourth quarter.