06
Sep
09:45
Asil Celik receives subsidy for new Bursa plant
Turkish steel producer Asil Celik has received a subsidy for its high-quality steel production facility that will serve the machinery, automotive, transportation and energy sectors in Bursa, Kallanish notes.
The subsidy is provided to support product diversification. The facility, with an investment cost of TRY 852 million ($148.9m), has a production capacity of 60,000 tonnes/year. The investment will take five years to complete, but the Ministry of Industry and…
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Anonymous
Very good overview of the weekly steel market.
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