9,484.26 TRY BIST 100 BIST 100
37.93 USD USD USD
5.23 CNY CNY CNY
41.82 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
45.20 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
31.51 USD Silver Silver
4.76 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,797.04 TRY Gold (gr) Gold (gr)

Vertra Demir Çelik starts production of drawn pipes in 2024

Vertra Demir Çelik, which operates in Adana, announced that it will start production of weldless drawn pipes.

Vertra Demir Çelik starts production of drawn pipes in 2024

Vertra Demir Çelik, which invests in the iron and steel sector, announced that it will start production of weldless drawn pipes in Adana Ceyhan in June 2024.

The company's construction of 20,000 m2 closed area on a 42,529.58 m2 land in Ceyhan Organised Industrial Zone in 2021 includes a total investment of 120 million dollars. After this major investment, the company aims to increase domestic production by reducing Türkiye's imports in this field.

Vertra Demir Çelik's decision to switch to weldless drawn pipe production aims to increase its competitiveness in the sector. With this new production line, which will start in June 2024, it aims to contribute to the strengthening of domestic production by reducing Türkiye's dependence on imports of steel products. This important step aims to make a positive contribution to both the company's growth and Türkiye's economic strength.

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

ArcelorMittal South Africa closure delayed by six months

Friday, April 4, 2025

EUROMETAL discusses critical steel sector issues with European Commission

Friday, April 4, 2025

Kuzey Boru signed a TRY 74 million tender contract

Friday, April 4, 2025

SSAB and SMS group announced collaboration

Friday, April 4, 2025

Türkiye's welded pipe exports decreased by 9.6% in February

Friday, April 4, 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