8,872.85 TRY BIST 100 BIST 100
4.83 CNY CNY CNY
34.25 USD USD USD
37.07 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.48 TRY Interest Interest
74.73 USD Fossil Oil Fossil Oil
33.50 USD Silver Silver
4.34 USD Copper Copper
98.40 USD Iron Ore Iron Ore
383.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,009.93 TRY Gold (gr) Gold (gr)

New factory investment decision from Kocaer Çelik in Saudi Arabia

Kocaer Çelik Sanayi ve Ticaret A.Ş. (KCAER) announced that it will start feasibility studies for steel profile factory investment in Saudi Arabia.

New factory investment decision from Kocaer Çelik in Saudi Arabia

In the statement made by Kocaer Çelik Sanayi ve Ticaret A.Ş. (Kocaer) to the Public Disclosure Platform (PDP), it was stated that the company is considering the feasibility of steel profile factory investment in order to gain market share from the Neom city project and many other projects in Saudi Arabia. It was stated that the work would begin.

The following statements were used in the statement made by the steel company:
In order to support our company's increasing business volume in the MENA (Middle East-North Africa) region and to further increase our global competitiveness and get more market share from all investments in the region, especially the Neom city project of Saudi Arabia, feasibility studies are being carried out for a steel profile factory investment in Saudi Arabia. It was decided to start the work.

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

Türkiye's steel exports to Turkmenistan decreased by 16.7% in January-September

Friday, October 25, 2024

Thyssenkrupp and Volkswagen sign co-operation agreement for the supply of carbon-reduced steel

Thursday, October 24, 2024

South Korea's crude steel production increased by 1.3% in September

Wednesday, October 23, 2024

South Korea imposes preliminary AD duty on steel products imported from Vietnam

Wednesday, October 23, 2024

Malaysia aims to strengthen steel sector through collaboration with China

Friday, October 25, 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