10,802.23 TRY BIST 100 BIST 100
40.09 EUR EUR EUR
38.05 USD USD USD
5.29 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
37.16 TRY Interest Interest
70.17 USD Fossil Oil Fossil Oil
33.97 USD Silver Silver
5.02 USD Copper Copper
102.58 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,603.06 TRY Gold (gr) Gold (gr)

Huge investment from Habaş in Aliağa!

Habaş received approval from the Ministry of Environment, Urbanization and Climate Change to increase its capacity in Aliağa.

Huge investment from Habaş in Aliağa!

According to the news on the Ege'de SonSöz website, the company submitted its revised project following its application last year and was entitled to receive permission to establish a giant hot rolling mill facility worth 847 million TL.

The facility, which will be located in Bozköy District, will produce 2.5 million tons of plain and ribbed iron bars annually. While the company presented the changes in economic conditions and the increase in iron and steel demands as reasons in its promotional file, it stated that it would supply its raw material needs from the steel mill facility.

In the application made according to the Environmental Plan for this giant investment, it was emphasized that the project area was in compliance with the 1/100,000 scale Izmir Manisa Environmental Plan.

Habaş's first application was rejected last year, but the company made its second application and increased its capacity by moving the project to a region further away from Bozköy. However, changes were made to the project following criticism at the public participation meeting that the filters were not operated and that the operation was damaging agriculture and livestock in the region.

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

Brazil Decides Not to Apply Temporary Anti-Dumping Duty on Cold-Rolled Flat Steel Products from China

Wednesday, March 19, 2025

The Al-Habashi Iron Factory in Yemen was destroyed in a U.S. airstrike

Wednesday, March 19, 2025

Uzbekistan hit hardest by restrictions on Kyrgyzstan's scrap exports

Wednesday, March 19, 2025

Taiwan extends anti-dumping duties on stainless steel imports for another 5 years

Wednesday, March 19, 2025

Türkiye's local scrap purchase prices rise

Wednesday, March 19, 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