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4,159.48 TRY Gold (gr) Gold (gr)
9,084.77 TRY BIST 100 BIST 100
5.47 CNY CNY CNY
44.35 EUR EUR EUR
39.13 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
64.24 USD Fossil Oil Fossil Oil
41.80 USD Silver Silver
4.68 USD Copper Copper
95.98 USD Iron Ore Iron Ore
333.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,159.48 TRY Gold (gr) Gold (gr)
9,084.77 TRY BIST 100 BIST 100
5.47 CNY CNY CNY
44.35 EUR EUR EUR
39.13 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
64.24 USD Fossil Oil Fossil Oil
41.80 USD Silver Silver
4.68 USD Copper Copper
95.98 USD Iron Ore Iron Ore
333.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,159.48 TRY Gold (gr) Gold (gr)

Çolakoğlu commissioned its second re-annealing furnace

According to the latest announcement by Fives Group, Çolakoğlu Metalurji has commissioned its second re-annealing furnace.

Çolakoğlu commissioned its second re-annealing furnace

French machinery manufacturer Fives Group announced that Çolakoğlu Metalurji, which has been growing in the iron and steel industry since 1945, has commissioned its second re-annealing furnace.

This new furnace aims to increase the company's production capacity and meet the increasing demand for steel. In particular, Stein Digit@l Furnace® technology, with a maximum capacity of 450 tonnes per hour, increases production efficiency by offering the capacity to re-anneal up to 40 tonnes of slab.

Sercan Bahadır, production engineer at Çolakoğlu Metalurji's hot strip plant, commented that the main basis for the company's decision to invest in a second furnace was the growth in the market: ‘In addition, some problems experienced in the existing furnace were causing a bottleneck in the company's hot strip plant. The new furnace is considered an important step to overcome this bottleneck and make production processes more efficient. When looking for reheating technology, we aimed for features such as capacity, efficiency and decarbonisation in line with our commitment to meet market demands while prioritising environmental sustainability.’

The installation of Çolakoğlu Metal's first re-annealing furnace was also carried out by Fives Group in 2023.

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