[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
04.10.2017
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Postponed Notification Flag
Hayır (No)
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Announcement Content
oda_ExplanationSection|
Explanations
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Kardemir has reached  below listed production levels  on all production items as of January – November 2017.

While the liquid steel production was 2 million 173 thousand ton as per the last year, 2 million 188 thousand ton liquid steel production is already realized in  January – November 2017 period. The liquid steel production is expected to be realized at 2 million 400 thousand ton as of the end of the year.

Rail and Profile Production ; while it was 360 thousand ton last year, the production is realized at 367 thousand ton in January – November  period of this year. The rail- profile production in this mill is expected to be realized at 400 thousand ton by the end of this year.

Bar and Wire Rod Mill ;  while 55 thousand ton was produced last year, the production has already reached to 242 thousand ton in the 11 months of this year. It is expected to be reached at 274 thousand ton production in this mill by the end of this year.

While the primary product sales was 2 million 64 thousand ton in 2016, it has already reached to 2 million 127 thousand ton in the 11 months of this year. It is expected to be realized at 2 million 320 thousand ton by the end of this year.

Yours Faithfully,

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.