10,319.96 TRY BIST 100 BIST 100
4.49 CNY CNY CNY
35.03 EUR EUR EUR
32.22 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
42.53 TRY Interest Interest
83.58 USD Fossil Oil Fossil Oil
29.64 USD Silver Silver
4.91 USD Copper Copper
116.38 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,467.82 TRY Gold (gr) Gold (gr)

Hasçelik to build a €150 million steel mill in Bilecik

Hasçelik plans to build a 150 million euro steel mill in Bilecik.

Hasçelik to build a €150 million steel mill in Bilecik

Founded in 1968, Hasçelik has five production facilities in Kocaeli and Konya. The company, which has made a name for itself in the automotive, machinery manufacturing, maritime, defense, agricultural machinery and white goods sectors, has 9 warehouses in Türkiye, 4 warehouses in Mexico, the United Kingdom, Germany and Belgium, and sales offices in Germany, the United Kingdom and Mexico.

Hasçelik, one of Türkiye's 500 largest industrial enterprises, announced its new project. The steel company announced that it will build a steel rolling mill worth 150 million euros in Orhaneli district of Bilecik.

Adnan Naci Faydasıçok, Chairman and CEO of Hasçelik, made some statements via social media about the company's new projects. The Chairman, who regularly inspects the construction site, said, "We are on the road on Saturday mornings to inspect our investment. We are in an effort to build a modern facility for our sector. Every factory is like a castle."

Adnan Naci Faydasıçok informed that the project started in 2023 and is scheduled to be completed in the last quarter of this year. The new investment promises a great deal of prestige for Hasçelik on a sectoral basis, and will also contribute to refreshing the company's brand image on a global scale. Hasçelik, which previously established a chrome-plated shaft facility in the Automotive Supply Industry Specialized Organized Industrial Zone at an average cost of 35 million Euros, also aims to increase its export figure of 100 million dollars.

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

Stainless steel consumption in Russia fell by 2.8% in the first quarter

Friday, May 17, 2024

Russian HRC is limited on the international market

Friday, May 17, 2024

Türkiye imported scrap prices continue to decrease

Friday, May 17, 2024

Russian scrap dealers sign Memorandum of Understanding with Bureau of Middle East Recycling

Friday, May 17, 2024

German iron ore prices continue to decrease

Friday, May 17, 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