Kardemir wins Algerian railway wheel supply tender

Kardemir wins Algerian railway wheel supply tender

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Monday, 27 July 2026 11:08:14 (GMT+3) | Istanbul

Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayive TicaretA.S. (Kardemi) has announced that it haswon the international tender launched by Algeria's national raiway operator, Societe Nationale des Transports Ferroviaires (SNTF),

for the supply of railway wheels.

According to the company's statement, the parties signed the first purchasecontract under a railway wheel supply program worth approximately $27million. Kardemir stated that this agreement is the highest-value exportcontract it has signed over the past five years.

Five-year supply program

Under the agreement, Kardemir will manufacture and deliver the railwaywheels required by SNTF over a five-year period through batch-basedpurchase orders.

The company stated that being included in the long-term supply program of anational raiway operator is an important indication of the international recognition of its products and the confidence placed in thecompany.

Kardemir also noted that long-term export agreements strengthen its position in international markets while contributing to greaterrevenue predictability and sustainable value creation. The company added that it will continue to expand the reach of the Turkishsteel industry's manufacturing capabilities into new markets through its export activities.