# Yıldız Demir Çelik opens $300M flat steel plant in Kocaeli

Yıldız Demir Çelik, a subsidiary of Yıldızlar Yatırım Holding, opened a flat steel production plant in Kocaeli's Alikahya region with a $300 million investment. The plant has an annual capacity of 1.5 million tons and employs 350 people, with plans to reach 600 employees after the second phase.

- Type: New facility
- Announced: 2018-09-26
- Where: Alikahya, Kocaeli, Turkey, Türkiye
- Value: $300.0M
- Jobs: 350
- Starts operating: 26 Sep 2018
- Status: completed
- Capacity: 1.5 million tons per year of flat steel
- Products: flat steel, pickled cold-rolled steel, galvanized steel, coated steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Yıldız Demir Çelik](https://endata.com/companies/34533.md)
- [Yıldızlar Yatırım Holding](https://endata.com/companies/34534.md)
- [Yıldızlar Yatırım Holding](https://endata.com/companies/34534.md) (partner)

## Sources

- [dunya.com](https://www.dunya.com/sirketler/yildiz-demir-celik-cari-acigi-1-milyar-dolar-azaltacak-haberi-428561), 2018-09-26: "Yıllık 1.5 milyon ton üretim kapasitesine sahip olan Yıldız Demir Çelik, cari açıkla mücadelede 1 milyar dolarlık pozitif katkıda bulunacak."
- [patronlardunyasi.com](https://www.patronlardunyasi.com/cari-acigi-1-milyar-dolar-azaltacak-yatirim), 2018-09-26: "Yıllık 1.5 milyon ton üretim kapasitesine sahip olan Yıldız Demir Çelik, cari açıkla mücadelede 1 milyar dolarlık pozitif katkıda bulunacak."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.