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28 Dec
09:13

Turkey’s IDC begins machinery assembly for meltshop investment

Izmir Demir Celik (IDC) says the assembly of machinery and equipment has begun for its meltshop investment within the scope of doubling melting capacity from 1.4 million tonnes/year to 2.8m t/y. IDC says the steel construction, foundation and concrete works of the building have been completed to a large extent. IDC signed a $75 million loan agreement in October with a maturity of eight years with Turkiye Sınai Kalkinma Bankasi (TSKB) for this project (see Ka…
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