9,270.37 TRY BIST 100 BIST 100
38.62 USD USD USD
5.37 CNY CNY CNY
43.60 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
47.12 TRY Interest Interest
63.55 USD Fossil Oil Fossil Oil
40.69 USD Silver Silver
4.61 USD Copper Copper
96.29 USD Iron Ore Iron Ore
324.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,144.18 TRY Gold (gr) Gold (gr)

Çolakoğlu and SMS Group's innovative partnership

SMS Group will renew the technological infrastructure in the hot strip rolling mill of Çolakoğlu Metalurji, one of the leading companies in the steel industry.

Çolakoğlu and SMS Group's innovative partnership

Modernization process is reportedly about renewing the laminar cooling section and hot coil winder systems. In this context, Çolakoğlu Metalurji aims to expand its product portfolio with abrasion-resistant steel grades and gain a significant market share in this field.

Çolakoğlu will renew the first groups in the laminar cooling system by using SMS Group's super reinforced cooling technology. This technology reportedly provides almost three times higher water application rate, increases cooling speed and improves production processes.

The investments made within the scope of the technology partnership with SMS Group are planned to be completed and commissioned in the fall of 2026. Since SMS Group delivered a 1,850 millimeter hot strip mill (HSM) to Çolakoğlu Metalurji AŞ (Çolakoğlu) in 2010, both companies have maintained a reliable and long-term technology partnership.

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

Breakthrough trade deal announced between the U.S. and the U.K.

Friday, May 9, 2025

Volkswagen Group is the winner of the Swedish Steel Prize 2025

Friday, May 9, 2025

Türkiye's HRC exports increased by 65.7% in March

Friday, May 9, 2025

POSCO Holdings' successful USD 700 million green bond issuance

Friday, May 9, 2025

Transformation process begins at thyssenkrupp Steel

Thursday, May 8, 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