Kardemir Class B
KRDMBBIST
Product information
What is Kardemir Class B (KRDMB)?
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. is an integrated iron and steel producer in Karabuk that makes long products from ore. The company's shares trade on Borsa Istanbul in three separate classes; the ticker KRDMB refers to the B-class shares, while the A- and D-class shares are traded under the tickers KRDMA and KRDMD.
According to the company's product catalog, the Karabuk Iron and Steel Works were founded in 1937 and took the name Kardemir after privatization in 1995. The plant produces railway rails, various I, H and U sections, angles, wire rod, ribbed reinforcing steel, plain round bars, blooms, billets, mine props and pig iron; its coke plants yield coke and by-products such as benzole and tar. These products are supplied as inputs to the construction, mining, transport and manufacturing industries. Because it has taken part in the design and assembly of many industrial plants since its founding, the company is known as "the Factory that Builds Factories".
For integrated steel producers, iron ore and coking coal prices, demand for rebar and rails, export conditions and energy costs are the main factors followed. On the KRDMB page on Lzzo.com, you can see the latest price and daily trading summary, examine price history for different periods on the chart, look at the technical indicator summary and position the stock on the market heatmap.
Sources: kardemir.com, kap.org.tr
- Name
- Kardemir Class B
- Symbol
- KRDMB
- Market
- Borsa Istanbul
What to look for in the technical analysis of Kardemir Class B
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.
Investment Return CalculatorWith observed closes over the past year
Loading historical prices…