9,344.97 TL BIST 100 BIST 100
4.32 CNY CNY CNY
30.97 $ USD USD
€33.45 EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.24 TL Interest Interest
82.70 $ Fossil Oil Fossil Oil
23.17 $ Silver Silver
3.87 $ Copper Copper
119.59 $ Iron Ore Iron Ore
398.00 $ Ship Dismantling Ship Dismantling
43.24 TL Gold (gr) Gold (gr)

Kocaer Çelik will stop production at its A2 factory between April 24 and May 20

Kocaer Çelik will make a planned stop between April 24 and May 20 at its A2 factory in order to commission new machinery and equipment on its production lines.

Kocaer Çelik will stop production at its A2 factory between April 24 and May 20

Kocaer Çelik has decided to stop production in its A2 factory on a planned basis between April 24 and May 20 in order to put its new machinery and equipment into operation in its production facilities. The company's statement to KAP is as follows:

“We have shared with the public before that we have determined our investment strategies as renewable energy investments and new value-added product investments in order to realize our company's growth targets in the coming years. Focusing especially on special steel profile products, which are difficult and limited in production in the world, our company increased its value-added product sales from 33.1% in 2021 to 42% in 2022. In line with our goal of raising this rate even further, a planned stop will be made between April 24, 2023 and May 20, 2023 at our A2 factory in order to carry out our planned A2 factory revisions and to commission new machinery and equipment on production lines. With the production planning in the second half of the year after the stop, the annual targeted production and shipment amount will be reached.

Our company aims to further increase its global competitiveness and exports with our value-added production amount, which will increase after the revision investments we will make using the latest technology for the production of new value-added products in our Aliağa A2 factory.”

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

SMS Group and Hasçelik launched a strategic partnership

Wednesday, February 21, 2024

European Commission to fund Germany's decarbonisation efforts with €4 billion

Wednesday, February 21, 2024

Samail industrial city: Driving growth and investment in Oman

Tuesday, February 20, 2024

Concerns about the sale of Celsa's facilities in Europe!

Tuesday, February 20, 2024

Tofaş announced 15 billion 83 million 439 thousand lira net profit in 2023

Wednesday, February 14, 2024
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