12,626.35 TRY BIST 100 BIST 100
51.02 EUR EUR EUR
44.48 USD USD USD
6.48 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.95 TRY Interest Interest
107.04 USD Fossil Oil Fossil Oil
5.50 USD Copper Copper
102.92 USD Silver Silver
106.32 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,541.44 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Zeren Metal plans $15 million investment in scrap aluminum

Zeren Metal is planning a $15 million investment to expand its scrap recycling capacity.

Zeren Metal plans $15 million investment in scrap aluminum

Türkiye-based aluminum producer Zeren Metal announced that it intends to increase its scrap recycling capacity through a $15 million investment. With this expansion, the company aims to raise its annual production capacity from the current 10,000 tons first to 20,000 tons, and eventually to 30,000 tons.

The investment includes the establishment of a new scrap recycling facility alongside the existing production plant in Düzce-Gümüşova. Company management describes the move as part of a growth strategy focused on quality, efficiency, sustainability, and technology.

Currently, primary aluminum accounts for around 80% of Zeren Metal’s production. The planned investment aims to increase the share of recycled scrap, reducing costs while complying with carbon regulations.

Additionally, the company plans to target smaller and more flexible orders that larger producers cannot fulfill, aiming to gain a competitive edge both in the domestic market and in exports.

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

Houthi activities increasing congestion on the Cape of Good Hope route

Tuesday, March 31, 2026

Turkey’s scrap imports decreased by 9.1% in February

Tuesday, March 31, 2026

Hyundai Steel grants fac to SMS group after modernization at Dangjin facility

Tuesday, March 31, 2026

EU wire rod sees highest quota utilization in the first quarter

Tuesday, March 31, 2026

KMC Group received a bronze award for its export success

Tuesday, March 31, 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