13,744.64 TRY BIST 100 BIST 100
53.73 EUR EUR EUR
46.31 USD USD USD
6.89 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
99.92 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Hasçelik will minimize its carbon footprint with new investment

Attending Wire&Tube, one of the wire and tube fairs held in Düsseldorf, Germany, Hasçelik announced that it aims to reduce its carbon footprint with the construction of a new electric arc furnace steel plant.

Hasçelik will minimize its carbon footprint with new investment

Expanding its steel production for the automotive, mechanical engineering and aerospace sectors, Has Çelik said it aims to reduce its carbon footprint with a new electric arc furnace steel plant under construction in Bilecik.

According to a statement released by the company, production activities are planned to start in the last quarter of 2024. The 55-year-old steel company unveiled its new €35 million investment, Crombar, at the fair. It will feature a new EAF mill, electromagnetic liquid steel mixing system, ladle furnace and double vacuum degasser.

Hasçelik CEO Adnan Naci Faydasıçok stated, "With the new facility, the infrastructure production processes have been completed by providing the first and only length-based traceability of steel bars and pipes in the world. We will continue to add value to our customers with all our colleagues in the following processes with our service approach that works in continuous packaging and micron tolerances and does not compromise on product quality."

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

Vedanta Iron & Steel accelerates growth with 4 billion tonnes of reserves

Thursday, June 18, 2026

Nippon Steel expects over USD 624 million profit from U.S. Steel

Thursday, June 18, 2026

ERDEMİR becomes Türkiye’s 16th largest industrial company

Thursday, June 18, 2026

KARDEMİR becomes Türkiye’s 30th largest industrial company

Thursday, June 18, 2026

Far East iron ore market shows limited decline and sideways trend

Wednesday, June 17, 2026
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