Isdemir plans $579M modernization and capacity increase

Isdemir, part of Oyak Mining and Metallurgy Group, plans to invest TRY 2.8 billion ($579 million) to modernize and increase capacity at its plant in Payas, Hatay, including a new blast furnace and upgrades to rolling mills.

“Isdemir plans to construct a new blast furnace with an annual production capacity of 2.72 million mt, which will replace the old blast furnace No.1 with an annual capacity of 875,000 mt.”steelorbis.com

• 1 source
• steelorbis.comIsdemir awaits environmental approval for capacity increase projectJul 19, 2018

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