10,158.63 TRY BIST 100 BIST 100
32.29 USD USD USD
4.49 CNY CNY CNY
35.03 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.90 TRY Interest Interest
83.06 USD Fossil Oil Fossil Oil
29.52 USD Silver Silver
4.92 USD Copper Copper
113.25 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,472.54 TRY Gold (gr) Gold (gr)

Kocaer made a statement on the suspension of activities

Kocaer Çelik Sanayi ve Ticaret A.Ş. published a statement on the Public Disclosure Platform (KAP) regarding the partial or complete cessation or impossibility of activities.

Kocaer made a statement on the suspension of activities

Kocaer stated that they foresee that the suspension or impossibility of operations will have no impact on the annual production volume and annual sales. With the completion of the necessary infrastructure and technological investments for the resumption of operations, the factory reported that they started mass production on 23 May 2023.

In addition to these announcements, the following statements were made:
"Our Aliağa A2 factory revision and new machinery-equipment investments, which we have commissioned in order to increase the share of new high value-added products in our total production amount, which we communicated with our announcement dated 17.04.2023, have been completed, the planned shutdown we made in our factory during the investment period has ended and our factory has started mass production as of today. Our company aims to further increase its global competitiveness and exports with our value-added production amount that will increase after these investments, which we have realised by using the latest technology for the production of new value-added products in our Aliağa A2 factory."

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

The price outlook for Chinese steel products in the second half of May 2024

Thursday, May 16, 2024

Saudi pipelines secures dual deals with Aramco worth millions

Thursday, May 16, 2024

India's HRC exports fall in April

Thursday, May 16, 2024

Taiwan's Feng Hsin keeps prices stable

Thursday, May 16, 2024

Ukraine's flat-rolled steel exports decline in April, but up on an annual basis

Thursday, May 16, 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