9,311.88 TRY BIST 100 BIST 100
39.33 USD USD USD
5.51 CNY CNY CNY
45.32 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
74.61 USD Fossil Oil Fossil Oil
46.02 USD Silver Silver
4.81 USD Copper Copper
94.51 USD Iron Ore Iron Ore
330.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,342.31 TRY Gold (gr) Gold (gr)

Çokyaşar Tel will invest EUR 2 million in a new galvanizing line

Çokyaşar Tel, a 100% subsidiary of Özyaşar Tel, announced that it has decided to invest in a new galvanizing line in Adana Organized Industrial Zone.

Çokyaşar Tel will invest EUR 2 million in a new galvanizing line

Özyaşar Tel, in a statement sent to the Public Disclosure Platform (KAP), stated that as a result of the research and feasibility studies, it was decided to realize this investment.

According to the feasibility analysis, the total amount of the investment is expected to be approximately EUR 2 million. While the investment is planned to be commissioned in the first quarter of 2026, it is aimed to provide the company with an annual production contribution of approximately 51,000 tons. In addition, this investment is expected to double the current production capacity of Çokyaşar Tel to 100,000 tons per year.

In the statement, it was emphasized that Özyaşar Tel and its subsidiaries continue their investments with determination in line with their goals of strengthening their position in the sector, increasing their production capacity and expanding into new markets. The additional galvanizing line investment to be made in Çokyaşar Tel's Adana OSB factory is considered as a critical step in the long-term sustainable growth strategies of Özyaşar Tel and its subsidiaries.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Canada announces anti-dumping results on steel strapping imports from 4 countries including Türkiye

Monday, June 16, 2025

England to invest 200 million pounds in carbon capture project in Scotland

Monday, June 16, 2025

Italy's new €200 million support to Acciaierie d'Italia

Monday, June 16, 2025

Trump approves acquisition of US Steel by Japan’s Nippon Steel

Monday, June 16, 2025

Andritz makes a giant investment in Germany: New Electrolyzer Gigafactory opened in Erfurt

Monday, June 16, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now