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Turkey · Steel and scrap trading

İzmir Çelik

The moratorium shields both companies from creditors while they try to agree a deal under the court’s supervision; a hearing is set for 2 February 2027.

−90FiledMax Noble ScoreA court process has begun.

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1Where it stands

A court process has begun.

İzmir Çelik has filed. The İzmir 2nd Commercial Court granted it and İzçe Dış Ticaret a three-month provisional moratorium under konkordato, a court-led debt deal, from 2 November.

2The signals

What the sources say.

  • Three-month provisional konkordato moratorium from 2 November, İzmir 2nd Commercial Court · evrensel.net
  • Hearing set for 2 February 2027 · dokuzeylul.com

Every line links to its source. The Score and the verdict are Max Noble’s analysis.

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