Izdemir announced that it will increase its steel mill capacity

İzdemir's statement to the Public Disclosure Platform (KAP) is as follows:

''Regarding our steel mill investment process, it was stated that the equipment foundations were completed and machinery and equipment installations continued depending on the supply and delivery processes, and that the investment was planned to be completed at the end of 2023 as a result of market conditions, supply, delivery and assembly processes. Although there was a delay in the process due to the supply, delivery and assembly processes, the machinery and equipment installations have been largely completed at this stage. In line with the technical analysis and planning, it is envisaged that production tests will begin by the end of the first quarter of 2024 within the scope of commissioning the investment after the machinery and equipment installations are completed. Developments regarding the steel mill capacity increase investment, which continues with determination, will also be shared with the public.