15
Oct
15:58
Atakas to invest $100m into 50% production hike
Turkish flat steel producer Atakas Celik is realising a series of investments totalling $100 million, in order to increase output and realise unused equipment capacity, Kallanish learns from local sources.
The firm is currently operating at 100% of its 700,000 tonnes/year capacity of cold annealed, galvanised and coated flat steel products. Around 50% of production is exported. But its pickling facility is able to handle 1.1 million t/y, hence the investment, whic…
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Anonymous
Very good overview of the weekly steel market.
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