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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.

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