10,025.05 TRY BIST 100 BIST 100
4.92 CNY CNY CNY
35.62 USD USD USD
36.90 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.60 TRY Interest Interest
79.77 USD Fossil Oil Fossil Oil
30.52 USD Silver Silver
4.28 USD Copper Copper
104.31 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,120.62 TRY Gold (gr) Gold (gr)

Çolakoğlu commissioned its second re-annealing furnace

According to the latest announcement by Fives Group, Çolakoğlu Metalurji has commissioned its second re-annealing furnace.

Çolakoğlu commissioned its second re-annealing furnace

French machinery manufacturer Fives Group announced that Çolakoğlu Metalurji, which has been growing in the iron and steel industry since 1945, has commissioned its second re-annealing furnace.

This new furnace aims to increase the company's production capacity and meet the increasing demand for steel. In particular, Stein Digit@l Furnace® technology, with a maximum capacity of 450 tonnes per hour, increases production efficiency by offering the capacity to re-anneal up to 40 tonnes of slab.

Sercan Bahadır, production engineer at Çolakoğlu Metalurji's hot strip plant, commented that the main basis for the company's decision to invest in a second furnace was the growth in the market: ‘In addition, some problems experienced in the existing furnace were causing a bottleneck in the company's hot strip plant. The new furnace is considered an important step to overcome this bottleneck and make production processes more efficient. When looking for reheating technology, we aimed for features such as capacity, efficiency and decarbonisation in line with our commitment to meet market demands while prioritising environmental sustainability.’

The installation of Çolakoğlu Metal's first re-annealing furnace was also carried out by Fives Group in 2023.

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

Dr.Keyvan Jafari Tehrani discusses strategies for boosting Iran's steel and mining industries

Wednesday, January 22, 2025

German industry groups highlight challenges facing the recycling ındustry

Wednesday, January 22, 2025

EGA's (Emirates Global Aluminum) US plant expansion project reaches an important stage

Wednesday, January 22, 2025

ArcelorMittal Al Jubail boosts steel pipe production for vision 2030

Wednesday, January 22, 2025

Saudi minister Al-Khorayef Engages global leaders at Davos to boost industrial and mining sectors

Wednesday, January 22, 2025
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