10,422.24 TRY BIST 100 BIST 100
5.06 CNY CNY CNY
39.59 EUR EUR EUR
36.57 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
37.26 TRY Interest Interest
69.31 USD Fossil Oil Fossil Oil
32.03 USD Silver Silver
4.64 USD Copper Copper
100.99 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,407.18 TRY Gold (gr) Gold (gr)

Froch Enterprise invests $30M in Moroccan stainless steel plant for European market growth

Froch Enterprise unveils $30 million investment for stainless steel pipe plant in Morocco, targeting European markets.

Froch Enterprise invests $30M in Moroccan stainless steel plant for European market growth

Taiwanese firm Froch Enterprise has set its sights on a groundbreaking venture, announcing plans to construct a state-of-the-art plant in Morocco dedicated to the production of welded stainless steel pipes. The ambitious $30 million project is strategically positioned to cater to the burgeoning demand from European clients.

Set to launch by 2026-2027, this cutting-edge facility is positioned to revolutionize the industry, boasting an annual production capacity of up to 24 thousand tons. The plant is primed to supply stainless steel pipes customized for industrial and construction needs.

Froch Enterprise is expanding its global presence with a 200 thousand-ton capacity plant, addressing European customer needs and exploring new markets, bolstering its reputation for high-quality stainless steel products.

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

Price activity in the Egyptian rebar market!

Tuesday, March 11, 2025

EU implements new safeguards on steel imports!

Tuesday, March 11, 2025

Diler Demir Çelik to build TRY 1.4 billion SPP

Tuesday, March 11, 2025

Local rebar prices have increased in Türkiye, is the market gaining momentum?

Tuesday, March 11, 2025

MENA on track to become global leader in green steel transformation

Tuesday, March 11, 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