{"id":1427,"date":"2026-02-23T19:36:05","date_gmt":"2026-02-23T16:36:05","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=1427"},"modified":"2026-02-23T20:34:26","modified_gmt":"2026-02-23T17:34:26","slug":"cemts-cemtas-celik-makina-2025-12-faaliyet-raporu-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/1427","title":{"rendered":"\ud83c\uddf9\ud83c\uddf7 CEMTS | \u00c7emta\u015f \u00c7elik Makina 2025\/12 Faaliyet Raporu Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/creators.spotify.com\/pod\/profile\/market-risk-tr\/embed\/episodes\/CEMTS--emta-elik-Makina-202512-Faaliyet-Raporu-Analizi-e3fga9u\/a-acg75bv\" height=\"102px\" width=\"400px\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h1>2025&#8217;te \u00c7elik D\u00fcnyas\u0131nda Neler Oldu? \u00c7emta\u015f Faaliyet Raporundan Dikkat \u00c7eken 5 Stratejik \u00c7\u0131kar\u0131m<\/h1>\n<h2>1. Giri\u015f: K\u00fcresel \u00c7alkant\u0131da Yolunu Bulanlar<\/h2>\n<p>2025 y\u0131l\u0131 k\u00fcresel sanayi i\u00e7in r\u00fczgar\u0131n sert esti\u011fi bir d\u00f6nem olarak kay\u0131tlara ge\u00e7ti. D\u00fcnya genelindeki ham \u00e7elik \u00fcretimi, bir \u00f6nceki y\u0131la oranla %2\u2019lik bir daralma ya\u015fayarak 1 milyar 804 milyon tona geriledi. B\u00f6ylesine korumac\u0131 ve talep daralmas\u0131yla karakterize bir piyasada, bir sanayi devinin faaliyet raporu bize sadece &#8220;so\u011fuk&#8221; rakamlar\u0131 m\u0131 anlat\u0131r, yoksa gelece\u011fin yeni ekonomik d\u00fczenine dair bir yol haritas\u0131 m\u0131 sunar? \u00c7emta\u015f\u2019\u0131n 2025 verileri, sadece finansal bir karne de\u011fil; T\u00fcrkiye&#8217;nin k\u00fcresel tedarik zincirindeki jeopolitik a\u011f\u0131rl\u0131\u011f\u0131n\u0131 ve &#8220;ye\u015fil d\u00f6n\u00fc\u015f\u00fcm&#8221; mecburiyetini okumak isteyen her yat\u0131r\u0131mc\u0131 i\u00e7in stratejik ipu\u00e7lar\u0131 bar\u0131nd\u0131r\u0131yor.<\/p>\n<h2>2. T\u00fcrkiye&#8217;nin Avrupa \u015eampiyonlu\u011fu: Almanya\u2019y\u0131 Geride B\u0131rakmak<\/h2>\n<p>2025 raporunun en \u00e7arp\u0131c\u0131 finansal ve operasyonel verisi, T\u00fcrkiye\u2019nin k\u00fcresel \u00e7elik arenas\u0131ndaki dramatik y\u00fckseli\u015fidir. T\u00fcrkiye, 38 milyon tonluk \u00fcretimiyle d\u00fcnya yedincili\u011fine t\u0131rman\u0131rken, Avrupa\u2019n\u0131n sanayi lokomotifi Almanya\u2019y\u0131 geride b\u0131rakarak Avrupa birincili\u011fine yerle\u015fti. Bu durum sadece bir kapasite ba\u015far\u0131s\u0131 de\u011fil, ayn\u0131 zamanda \u00fcretim aks\u0131n\u0131n Avrupa\u2019n\u0131n merkezinden \u00e7eperlerine, yani T\u00fcrkiye\u2019ye kayd\u0131\u011f\u0131n\u0131n somut bir kan\u0131t\u0131d\u0131r. Rapor, bu tarihi makas de\u011fi\u015fimini \u015fu s\u00f6zlerle teyit ediyor:<\/p>\n<p>&#8220;2025 Y\u0131l\u0131nda ise, T\u00fcrkiye 38 milyon tonla d\u00fcnya yedincisi ve Avrupa birincisi olmu\u015f. Almanya ise, % 8,6 d\u00fc\u015f\u00fc\u015fle ve 34 milyon tonla d\u00fcnya sekizincisi olmu\u015ftur.&#8221;<\/p>\n<p>Almanya&#8217;n\u0131n ya\u015fad\u0131\u011f\u0131 %8,6&#8217;l\u0131k kay\u0131p (ge\u00e7mi\u015f y\u0131llardaki %10&#8217;luk d\u00fc\u015f\u00fc\u015f trendinin devam\u0131 olarak), k\u0131ta Avrupas\u0131&#8217;ndaki enerji maliyetleri ve hantal \u00fcretim modellerinin yaratt\u0131\u011f\u0131 erozyonu g\u00f6sterirken; T\u00fcrkiye\u2019nin bu bo\u015flu\u011fu doldurmas\u0131 stratejik bir f\u0131rsat penceresine i\u015faret ediyor.<\/p>\n<h2>3. Finansal G\u00fc\u00e7 ve Kurumsal Devaml\u0131l\u0131k: Yat\u0131r\u0131mc\u0131 G\u00fcven Endeksi<\/h2>\n<p>Bir finansal analist g\u00f6z\u00fcyle bak\u0131ld\u0131\u011f\u0131nda, \u00c7emta\u015f\u2019\u0131n sermaye yap\u0131s\u0131 ve temett\u00fc politikas\u0131 &#8220;istikrar&#8221; kelimesinin kar\u015f\u0131l\u0131\u011f\u0131n\u0131 veriyor. \u015eirketin 500 milyon TL\u2019lik \u00f6denmi\u015f sermayesine kar\u015f\u0131l\u0131k, 2,5 milyar TL\u2019lik <b>Kay\u0131tl\u0131 Sermaye Tavan\u0131<\/b>, gelecekteki b\u00fcy\u00fcme ve geni\u015fleme kapasitesinin ne denli y\u00fcksek oldu\u011funu kan\u0131tl\u0131yor.<\/p>\n<p>Yat\u0131r\u0131mc\u0131 a\u00e7\u0131s\u0131ndan en dikkat \u00e7ekici nokta ise nakit y\u00f6netimidir:<\/p>\n<ul>\n<li><b>Temett\u00fc Verimi:<\/b> Ortaklara br\u00fct 110 milyon TL (hisse ba\u015f\u0131 22 Kr), net ise 93,5 milyon TL (hisse ba\u015f\u0131 18,7 Kr) nakit kar pay\u0131 da\u011f\u0131t\u0131larak karl\u0131l\u0131k \u00f6d\u00fcllendirilmi\u015ftir.<\/li>\n<li><b>Hisse Performans\u0131:<\/b> 2024 y\u0131l\u0131 Aral\u0131k sonunda 9,23 TL olan hisse fiyat\u0131n\u0131n, Nisan 2025\u2019te 16,67 TL ile zirve yapmas\u0131, y\u0131l\u0131n ilk yar\u0131s\u0131nda %80&#8217;in \u00fczerinde bir volatilite ve b\u00fcy\u00fcme penceresi sunuldu\u011funu g\u00f6steriyor.<\/li>\n<\/ul>\n<p>Bu finansal tablo, kurumsal y\u00f6netimdeki s\u00fcreklilikle destekleniyor. Y\u00f6netim kurulunun her y\u0131l yeniden se\u00e7ilmesi (1 y\u0131ll\u0131k g\u00f6rev s\u00fcresi) dinamik bir yap\u0131 sunarken; 21 Mart 2025\u2019teki genel kurulun hemen ard\u0131ndan 27 Mart\u2019ta vefat eden y\u00f6netim kurulu \u00fcyesi Erg\u00fcn Ka\u011f\u0131t\u00e7\u0131ba\u015f\u0131 gibi ac\u0131 kay\u0131plara ra\u011fmen, Tarman ailesi liderli\u011findeki profesyonel yap\u0131n\u0131n operasyonel devaml\u0131l\u0131\u011f\u0131 kesintisiz s\u00fcrd\u00fcrmesi, kurumsal olgunlu\u011fun bir g\u00f6stergesidir.<\/p>\n<h2>4. BUSEB: Lojistik Bir Kale ve Stratejik Varl\u0131k G\u00fcc\u00fc<\/h2>\n<p>\u00c7emta\u015f\u2019\u0131n i\u015ftiraki olan Bursa Serbest B\u00f6lgesi (BUSEB), sadece bir lojistik merkez de\u011fil, \u015firketin bilan\u00e7osunda bir &#8220;stratejik kale&#8221; olarak konumlan\u0131yor. Marmara Denizi\u2019nin en kritik limanlar\u0131na kom\u015fu olan bu b\u00f6lgenin T\u00fcrkiye\u2019deki di\u011fer serbest b\u00f6lgelerden ayr\u0131lan en b\u00fcy\u00fck avantaj\u0131, 825 d\u00f6n\u00fcml\u00fck arazinin m\u00fclkiyetine sahip olmas\u0131d\u0131r.<\/p>\n<p>Sanayiciler i\u00e7in kiralama yerine arazi sat\u0131n alabilme imkan\u0131 sunan bu yap\u0131, y\u00fckselen gayrimenkul maliyetlerine kar\u015f\u0131 m\u00fckemmel bir koruma (hedge) sa\u011fl\u0131yor. Bir &#8220;faaliyet d\u0131\u015f\u0131 varl\u0131k g\u00fcc\u00fc&#8221; olarak BUSEB, operasyonel maliyet y\u00f6netiminde sanayiciye ezber bozan bir avantaj sunarken, \u00c7emta\u015f&#8217;\u0131n buradaki varl\u0131\u011f\u0131 \u015firketin sadece bir \u00e7elik \u00fcreticisi de\u011fil, lojistik derinli\u011fi olan bir yap\u0131ya sahip oldu\u011funu kan\u0131tl\u0131yor.<\/p>\n<h2>5. Ye\u015fil \u00c7elik: S\u0131n\u0131rda Karbon D\u00fczenlemesine Kar\u015f\u0131 Solar Kalkan<\/h2>\n<p>Sekt\u00f6r\u00fcn gelece\u011fi art\u0131k tonajda de\u011fil, karbon ayak izinde gizli. 2025 raporu, T\u00fcrkiye\u2019deki \u00fcretimin %72,2\u2019sinin elektrik ark ocaklar\u0131na (daha \u00e7evreci bir y\u00f6ntem) kayd\u0131\u011f\u0131n\u0131 g\u00f6steriyor. \u00c7emta\u015f, bu d\u00f6n\u00fc\u015f\u00fcm\u00fc &#8220;Fabrika \u00c7at\u0131 \u00dcst\u00fc G\u00fcne\u015f Enerjisi Santrali&#8221; yat\u0131r\u0131m\u0131yla bir \u00fcst seviyeye ta\u015f\u0131yor.<\/p>\n<p>Analitik bir perspektifle, bu yat\u0131r\u0131m sadece bir enerji maliyeti d\u00fc\u015f\u00fcrme hamlesi de\u011fildir; Avrupa Birli\u011fi\u2019nin <b>&#8220;S\u0131n\u0131rda Karbon D\u00fczenleme Mekanizmas\u0131&#8221; (CBAM)<\/b> riskine kar\u015f\u0131 geli\u015ftirilmi\u015f bir savunma kalkan\u0131d\u0131r. Karbon sal\u0131n\u0131m\u0131n\u0131 azaltmak art\u0131k bir tercih de\u011fil, k\u00fcresel rekabetin yeni g\u00fcmr\u00fck duvarlar\u0131n\u0131 a\u015fabilmek i\u00e7in bir zorunluluktur. Ye\u015fil enerji yat\u0131r\u0131mlar\u0131, \u00c7emta\u015f\u2019\u0131n Avrupa pazar\u0131ndaki liderlik iddias\u0131n\u0131 korumas\u0131n\u0131 sa\u011flayacak anahtard\u0131r.<\/p>\n<h2>Sonu\u00e7: Gelece\u011fe Bak\u0131\u015f ve D\u00fc\u015f\u00fcnd\u00fcren Soru<\/h2>\n<p>\u00c7emta\u015f\u2019\u0131n 2025 y\u0131l\u0131 faaliyet raporu, \u015firketin sadece \u00e7elik \u00fcretiminde de\u011fil, BUSEB (%1,26) ve Bursa \u00c7imento (%1,69) gibi stratejik i\u015ftirakleriyle \u00e7e\u015fitlendirilmi\u015f bir holding yap\u0131s\u0131 sergiledi\u011fini ortaya koyuyor. K\u00fcresel \u00fcretim hacminin darald\u0131\u011f\u0131, rekabetin &#8220;ye\u015fil&#8221; kriterlere evrildi\u011fi bir d\u00fcnyada, \u00c7emta\u015f\u2019\u0131n finansal disiplini ve vizyoner yat\u0131r\u0131mlar\u0131 T\u00fcrkiye i\u00e7in bir referans noktas\u0131 olu\u015fturuyor.<\/p>\n<p>Ancak ileriye d\u00f6n\u00fck \u015fu kritik soru hala masada: <b>&#8220;K\u00fcresel \u00fcretim hacminin darald\u0131\u011f\u0131 bir d\u00fcnyada, T\u00fcrkiye&#8217;nin \u00e7elik liderli\u011fini korumas\u0131 i\u00e7in sadece \u00fcretim kapasitesi yeterli olacak m\u0131, yoksa as\u0131l anahtar &#8216;Ye\u015fil D\u00f6n\u00fc\u015f\u00fcm&#8217;de mi sakl\u0131?&#8221;<\/b><\/p>\n<h1><span style=\"color: #3366ff;\">\u00c7emta\u015f \u00c7elik Makina Sanayi ve Ticaret A.\u015e. 2025 Y\u0131l\u0131 Faaliyet ve Stratejik De\u011ferlendirme Brifingi<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, \u00c7emta\u015f \u00c7elik Makina Sanayi ve Ticaret A.\u015e.\u2019nin (\u00c7emta\u015f) 01 Ocak 2025 \u2013 31 Aral\u0131k 2025 d\u00f6nemine ait faaliyet raporu verilerini, kurumsal yap\u0131s\u0131n\u0131 ve sekt\u00f6r i\u00e7indeki konumunu sentezlemektedir. 2025 y\u0131l\u0131, d\u00fcnya \u00e7elik \u00fcretiminde %2\u2019lik bir daralman\u0131n ya\u015fand\u0131\u011f\u0131, ancak T\u00fcrkiye\u2019nin k\u00fcresel \u00f6l\u00e7ekte yedinci, Avrupa\u2019da ise birinci s\u0131raya y\u00fckselerek stratejik bir ba\u015far\u0131 elde etti\u011fi bir y\u0131l olarak kaydedilmi\u015ftir. \u00c7emta\u015f, 500 milyon TL \u00f6denmi\u015f sermayesi, istikrarl\u0131 temett\u00fc politikas\u0131 ve Bursa Serbest B\u00f6lgesi (BUSEB) gibi kritik i\u015ftirakleriyle operasyonel varl\u0131\u011f\u0131n\u0131 s\u00fcrd\u00fcrmektedir. Finansal tablolar, ba\u011f\u0131ms\u0131z denetimden ge\u00e7mi\u015f olup ger\u00e7e\u011fi d\u00fcr\u00fcst bir \u015fekilde yans\u0131tmaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Y\u00f6netim ve Organizasyonel Yap\u0131<\/h2>\n<p>\u00c7emta\u015f\u2019\u0131n y\u00f6netim ve temsil yetkisi, T\u00fcrk Ticaret Kanunu (TTK) ve \u015eirket Esas S\u00f6zle\u015fmesi \u00e7er\u00e7evesinde belirlenmi\u015f olan Y\u00f6netim Kurulu\u2019na aittir.<\/p>\n<h3>1.1. Y\u00f6netim Kurulu Yap\u0131s\u0131<\/h3>\n<p>21 Mart 2025 tarihinde yap\u0131lan genel kurul itibar\u0131yla g\u00f6rev yapan Y\u00f6netim Kurulu \u00fcyeleri a\u015fa\u011f\u0131da listelenmi\u015ftir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ad\u0131 ve Soyad\u0131<\/td>\n<td>G\u00f6revi<\/td>\n<td>Niteli\u011fi<\/td>\n<\/tr>\n<tr>\n<td><b>\u0130smail TARMAN<\/b><\/td>\n<td>Y\u00f6netim Kurulu Ba\u015fkan\u0131<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><b>Murat TARMAN<\/b><\/td>\n<td>Ba\u015fkan Vekili ve Murahhas \u00dcye<\/td>\n<td>\u0130crac\u0131<\/td>\n<\/tr>\n<tr>\n<td><b>Mustafa TARMAN<\/b><\/td>\n<td>Ba\u015fkan Vekili ve Murahhas \u00dcye<\/td>\n<td>\u0130crac\u0131<\/td>\n<\/tr>\n<tr>\n<td><b>Hidayet Nalan T\u00dcZEL<\/b><\/td>\n<td>Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><b>Mehmet ARPACI<\/b><\/td>\n<td>Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><b>Nalan ERKARAKA\u015e<\/b><\/td>\n<td>Ba\u011f\u0131ms\u0131z Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>Ba\u011f\u0131ms\u0131z<\/td>\n<\/tr>\n<tr>\n<td><b>Cevdet ERKANLI<\/b><\/td>\n<td>Ba\u011f\u0131ms\u0131z Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>Ba\u011f\u0131ms\u0131z<\/td>\n<\/tr>\n<tr>\n<td><b>\u015e\u00fckran NURLU<\/b><\/td>\n<td>Ba\u011f\u0131ms\u0131z Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>Ba\u011f\u0131ms\u0131z<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><i>Not: 21 Mart 2025&#8217;te se\u00e7ilen Erg\u00fcn Ka\u011f\u0131t\u00e7\u0131ba\u015f\u0131, 27 Mart 2025 tarihinde vefat etmi\u015ftir.<\/i><\/p>\n<h3>1.2. Yetki ve Sorumluluk \u00c7er\u00e7evesi<\/h3>\n<ul>\n<li><b>Temsil ve \u0130lzam:<\/b> \u015eirket ad\u0131na d\u00fczenlenen belgelerin ge\u00e7erlili\u011fi i\u00e7in \u015eirket \u00fcnvan\u0131 alt\u0131nda, \u0130\u00e7 Y\u00f6nerge do\u011frultusunda yetkilendirilmi\u015f en az iki ki\u015finin imzas\u0131 \u015fartt\u0131r.<\/li>\n<li><b>Gayrimenkul ve Finansal Yetkiler:<\/b> Y\u00f6netim Kurulu; gayrimenkul al\u0131m-sat\u0131m\u0131, in\u015faat, kiralama, rehin, ipotek tesis etme ve bor\u00e7lanma konular\u0131nda tam yetkiye sahiptir.<\/li>\n<li><b>Denetim:<\/b> Sun Ba\u011f\u0131ms\u0131z Denetim ve YMM A.\u015e. (PKF \u0130zmir) taraf\u0131ndan haz\u0131rlanan 20 \u015eubat 2026 tarihli raporda, \u015firketin finansal bilgilerinin denetlenmi\u015f tablolarla tam uyumlu oldu\u011fu teyit edilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Sermaye Hareketleri ve Borsa Performans\u0131<\/h2>\n<p>\u00c7emta\u015f, kay\u0131tl\u0131 sermaye sistemi i\u00e7erisinde yer almakta olup g\u00fc\u00e7l\u00fc bir \u00f6zkaynak yap\u0131s\u0131 sergilemektedir.<\/p>\n<h3>2.1. Sermaye Yap\u0131s\u0131<\/h3>\n<ul>\n<li><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131:<\/b> 2.500.000.000 TL<\/li>\n<li><b>\u00d6denmi\u015f Sermaye:<\/b> 500.000.000 TL<\/li>\n<li><b>Ana Ortak:<\/b> Bursa \u00c7imento Fabrikas\u0131 A.\u015e. (%57,73 pay oran\u0131 ile 288.634.639 TL).<\/li>\n<li><b>Halka A\u00e7\u0131kl\u0131k:<\/b> Geri kalan %42,27\u2019lik k\u0131s\u0131m &#8220;Di\u011fer&#8221; kategorisinde yer almaktad\u0131r.<\/li>\n<\/ul>\n<h3>2.2. Temett\u00fc Politikas\u0131<\/h3>\n<p>2025 y\u0131l\u0131 i\u00e7erisinde ortaklara ge\u00e7mi\u015f y\u0131l karlar\u0131ndan kar\u015f\u0131lanmak \u00fczere:<\/p>\n<ul>\n<li><b>Br\u00fct:<\/b> 110.000.000 TL (Hisse ba\u015f\u0131na 22 Kr, %22 oran\u0131nda).<\/li>\n<li><b>Net:<\/b> 93.500.000 TL (Hisse ba\u015f\u0131na 18,7 Kr, %18,7 oran\u0131nda) nakit kar pay\u0131 da\u011f\u0131t\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>2.3. Hisse Senedi Performans\u0131 (2025)<\/h3>\n<p>\u00c7emta\u015f hisseleri Borsa \u0130stanbul Ana Pazar&#8217;da i\u015flem g\u00f6rmektedir. Y\u0131l i\u00e7indeki ayl\u0131k kapan\u0131\u015f fiyatlar\u0131 belirgin bir dalgalanma g\u00f6stermi\u015ftir:<\/p>\n<ul>\n<li><b>Y\u0131l\u0131n En D\u00fc\u015f\u00fc\u011f\u00fc (Ocak):<\/b> 8,80 TL<\/li>\n<li><b>Y\u0131l\u0131n En Y\u00fckse\u011fi (Nisan):<\/b> 16,67 TL<\/li>\n<li><b>Y\u0131l Sonu (Aral\u0131k):<\/b> 11,25 TL<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Sekt\u00f6rel Analiz: K\u00fcresel ve Ulusal Durum<\/h2>\n<p>2025 y\u0131l\u0131 \u00e7elik sekt\u00f6r\u00fc i\u00e7in enerji maliyetleri ve korumac\u0131 politikalar\u0131n g\u00f6lgesinde ge\u00e7en bir y\u0131l olmu\u015ftur.<\/p>\n<h3>3.1. D\u00fcnya Demir-\u00c7elik Sekt\u00f6r\u00fc<\/h3>\n<ul>\n<li><b>Toplam \u00dcretim:<\/b> 1 milyar 804 milyon ton (%2 d\u00fc\u015f\u00fc\u015f).<\/li>\n<li><b>Liderler:<\/b> \u00c7in (961 milyon ton) d\u00fcnya \u00fcretiminin %53,3\u2019\u00fcn\u00fc tek ba\u015f\u0131na kar\u015f\u0131lamaktad\u0131r. Hindistan ise %10,4\u2019l\u00fck art\u0131\u015fla ikinci s\u0131radaki yerini g\u00fc\u00e7lendirmi\u015ftir.<\/li>\n<li><b>T\u00fcrkiye\u2019nin Konumu:<\/b> 38 milyon ton \u00fcretimle Almanya\u2019y\u0131 geride b\u0131rakarak d\u00fcnya yedincisi ve Avrupa birincisi olmu\u015ftur.<\/li>\n<\/ul>\n<h3>3.2. T\u00fcrkiye Demir-\u00c7elik Sekt\u00f6r\u00fc ve E\u011filimler<\/h3>\n<p>T\u00fcrkiye&#8217;deki \u00fcretim yap\u0131s\u0131 b\u00fcy\u00fck \u00f6l\u00e7\u00fcde hurdaya dayal\u0131 elektrik ark ocaklar\u0131ndan (EAO) olu\u015fmaktad\u0131r.<\/p>\n<ul>\n<li><b>Tesis Yap\u0131s\u0131:<\/b> 3 entegre tesis, 30 elektrik ark ocakl\u0131 tesis ve yakla\u015f\u0131k 10 end\u00fcksiyon ocakl\u0131 tesis faaliyet g\u00f6stermektedir.<\/li>\n<li><b>\u00dcretim Da\u011f\u0131l\u0131m\u0131:<\/b> 2025 y\u0131l\u0131 ham \u00e7elik \u00fcretiminin %72,2\u2019si EAO\u2019larda, %27,8\u2019i entegre tesislerde ger\u00e7ekle\u015fmi\u015ftir.<\/li>\n<li><b>Rekabet\u00e7ilik Sorunlar\u0131:<\/b> Y\u00fcksek enerji maliyetleri ve \u00c7in, Rusya, G\u00fcney Kore gibi \u00fclkelerin uygulad\u0131\u011f\u0131 dampingli ithalat, T\u00fcrkiye\u2019nin ihracat pazarlar\u0131nda zorlanmas\u0131na neden olmu\u015ftur. 2023&#8217;te 14 milyar dolar olan ihracat, miktar ve de\u011fer baz\u0131nda keskin d\u00fc\u015f\u00fc\u015flerle 8 milyar dolara kadar gerilemi\u015ftir.<\/li>\n<li><b>Ye\u015fil Enerji D\u00f6n\u00fc\u015f\u00fcm\u00fc:<\/b> D\u00fc\u015f\u00fck karbon sal\u0131n\u0131m\u0131 gereklilikleri, EAO tesislerinin pay\u0131n\u0131n ve hurda talebinin artmas\u0131na yol a\u00e7maktad\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Ba\u011fl\u0131 Menkul K\u0131ymetler ve \u0130\u015ftirakler<\/h2>\n<p>\u00c7emta\u015f, stratejik ortakl\u0131klar\u0131 arac\u0131l\u0131\u011f\u0131yla lojistik ve hammadde avantaj\u0131 sa\u011flamaktad\u0131r.<\/p>\n<h3>4.1. Bursa Serbest B\u00f6lge Kurucu ve \u0130\u015fleticisi A.\u015e. (BUSEB)<\/h3>\n<ul>\n<li><b>Kurulu\u015f:<\/b> 1998 y\u0131l\u0131nda Bursa sanayisinin ithalat-ihracat kabiliyetini art\u0131rmak amac\u0131yla kurulmu\u015ftur.<\/li>\n<li><b>Stratejik Konum:<\/b> Marmara Denizi limanlar\u0131na ve ana yollara yak\u0131nl\u0131\u011f\u0131 ile lojistik kolayl\u0131k sa\u011flamaktad\u0131r.<\/li>\n<li><b>\u00d6zellikler:<\/b> 825 d\u00f6n\u00fcml\u00fck arazisinde firmalar kendi arazilerini sat\u0131n alabilmektedir. Tam altyap\u0131ya sahip bir organize sanayi mant\u0131\u011f\u0131yla i\u015fletilmektedir.<\/li>\n<li><b>\u00c7emta\u015f Pay\u0131:<\/b> %1,26.<\/li>\n<\/ul>\n<h3>4.2. Bursa \u00c7imento Fabrikas\u0131 A.\u015e.<\/h3>\n<ul>\n<li><b>Faaliyet Konusu:<\/b> \u00c7imento \u00fcretimi.<\/li>\n<li><b>Sermaye:<\/b> 1.500.000.000 TL.<\/li>\n<li><b>\u00c7emta\u015f Pay\u0131:<\/b> %1,69.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. Kritik Geli\u015fmeler ve Operasyonel Odak<\/h2>\n<ul>\n<li><b>Vefat Haberi:<\/b> 2025 y\u0131l\u0131 ba\u015f\u0131nda y\u00f6netim kurulu \u00fcyesi olarak se\u00e7ilen Erg\u00fcn Ka\u011f\u0131t\u00e7\u0131ba\u015f\u0131&#8217;n\u0131n vefat\u0131, d\u00f6nem i\u00e7indeki \u00f6nemli bir idari olayd\u0131r.<\/li>\n<li><b>S\u00fcrd\u00fcr\u00fclebilirlik:<\/b> \u015eirketin s\u00fcrd\u00fcr\u00fclebilirlik ilkelerine uyum beyan\u0131 rapor i\u00e7eri\u011finde geni\u015f yer tutmaktad\u0131r.<\/li>\n<li><b>Enerji Yat\u0131r\u0131m\u0131:<\/b> &#8220;Fabrika \u00c7at\u0131 \u00dcst\u00fc G\u00fcne\u015f Enerjisi Santrali&#8221; (GES) projesi, \u015firketin enerji maliyetlerini d\u00fc\u015f\u00fcrme ve ye\u015fil enerjiye ge\u00e7i\u015f stratejisinin bir par\u00e7as\u0131 olarak belirtilmi\u015ftir.<\/li>\n<li><b>Finansman:<\/b> D\u00f6nem i\u00e7inde bor\u00e7lanma amac\u0131yla \u00e7\u0131kar\u0131lm\u0131\u015f herhangi bir sermaye piyasas\u0131 arac\u0131 bulunmamaktad\u0131r.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"1427\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>\u00c7emta\u015f 2025 Y\u0131l\u0131 Finansal Sonu\u00e7lar\u0131n\u0131 A\u00e7\u0131klad\u0131: S\u00fcrd\u00fcr\u00fclebilir B\u00fcy\u00fcme ve K\u00fcresel Vizyon<br \/>\nT\u00fcrkiye demir-\u00e7elik sekt\u00f6r\u00fcn\u00fcn \u00f6nc\u00fc oyuncular\u0131ndan \u00c7emta\u015f, zorlu ge\u00e7en 2025 y\u0131l\u0131na ait finansal ve faaliyet raporlar\u0131n\u0131 payla\u015ft\u0131. \u015eirket, 6,5 milyar TL\u2019yi a\u015fan \u00f6zkayna\u011f\u0131 ve stratejik yat\u0131r\u0131mlar\u0131yla dikkat \u00e7ekerken, s\u00fcrd\u00fcr\u00fclebilirlik alan\u0131nda kazand\u0131\u011f\u0131 CDP Global B notuyla sekt\u00f6r\u00fcndeki liderli\u011fini peki\u015ftirdi. 133 bin tonu a\u015fan sat\u0131\u015f hacminin yan\u0131 s\u0131ra Almanya\u2019da a\u00e7\u0131lan yeni \u015fube ve Mardin ile Kars\u2019taki g\u00fcne\u015f enerjisi yat\u0131r\u0131mlar\u0131, \u00c7emta\u015f\u2019\u0131n hem ye\u015fil d\u00f6n\u00fc\u015f\u00fcm hem de k\u00fcresel pazarlardaki geni\u015fleme stratejisinin birer par\u00e7as\u0131 oldu. T\u00fcrkiye\u2019nin Avrupa \u00e7elik \u00fcretiminde zirveye yerle\u015fti\u011fi bu d\u00f6nemde \u00c7emta\u015f, 2026 y\u0131l\u0131na daha g\u00fc\u00e7l\u00fc bir operasyonel yap\u0131yla girmeyi hedefliyor<\/p>\n","protected":false},"author":9,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[271],"class_list":["post-1427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-cemts"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=1427"}],"version-history":[{"count":3,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1427\/revisions"}],"predecessor-version":[{"id":1434,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1427\/revisions\/1434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=1427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=1427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=1427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}