10,438.33 TRY BIST 100 BIST 100
36.57 USD USD USD
5.08 CNY CNY CNY
39.85 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
37.15 TRY Interest Interest
69.86 USD Fossil Oil Fossil Oil
32.80 USD Silver Silver
4.80 USD Copper Copper
100.14 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,435.05 TRY Gold (gr) Gold (gr)

Türkiye's steel giant increases its production power with an investment of 748 million liras!

Habaş Industrial and Medical Gas Production Industries, one of Türkiye's largest steel producers, has attracted attention in the sector with its giant investment of 748 million liras. The steel giant, which is preparing to lay the foundations of a new factory in Kocaeli Dilovası, aims to increase its production capacity with this step and reinforce its leadership in the sector.

Türkiye's steel giant increases its production power with an investment of 748 million liras!

Habaş Industrial and Medical Gas Production Industries, one of Türkiye's leading steel producers, is attracting attention in the sector with a new investment in Kocaeli's Dilovası district.

The company plans to build a new paint factory in the Parseller Machinery Specialized Organized Industrial Zone with an investment of 748 million Turkish lira. Habaş has submitted the Environmental Impact Assessment (EIA) report for this important investment to the Ministry of Environment, Urbanization and Climate Change, and is waiting for the final decision to be made by the relevant Ministry in the later stages of the process.

The project, which will employ hundreds of people, will utilize state-of-the-art machinery and equipment at all stages, from the acceptance of raw materials required for domestic automobile production to quality control and sales processes. The factory, which is planned to be established in a 23 thousand square meter closed area, will employ a workforce of 120 people in the first phase, while this number will increase to 133 with the start of production.”

This text has been edited to present the information in a more fluent and impressive way.

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

Which steel import routes did Europe follow between 2020 and 2024?

Wednesday, March 12, 2025

Çokyaşar Tel will invest EUR 2 million in a new galvanizing line

Wednesday, March 12, 2025

CVK Madencilik increased its net profit by 119% in 2024

Wednesday, March 12, 2025

EUROFER: USA steel tariffs threaten EU market, urgent safeguard measures needed

Wednesday, March 12, 2025

European Commission launches measures to counter Trump's tariffs

Wednesday, March 12, 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