Turkey’s Tosyali to invest in integrated steel plant in southern Turkey

Turkey’s Tosyali Holding is planning to invest in an integrated steel plant in Osmaniye, southern Turkey, chief executive Fuat Tosyali said this week.

The plant, fully owned by Tosyali Holding, will use local iron ore, and the investment will be completed in seven years’ time, with an investment of $7 billion.

It will have crude steel production capacity of 2 million tonnes-per-year, and will replace imports currently used by the company to produced...

Published

Serife Durmus

April 12, 2018

18:24 GMT

Bursa