# Tosyali acquires Bastug Metallurgy steel plant in Turkey

Turkish steel company Tosyali Group acquired Bastug Metallurgy, a steel plant in Osmaniye, Turkey, on July 3, 2024. The plant has an electric arc furnace capacity of 2 million tons of steel per year and a rolling mill capacity of 1.25 million tons per year.

- Type: Acquisition
- Announced: 2024-07-03
- Where: Osmaniye, Turkey, Türkiye
- Status: completed
- Capacity: 2 million tons of steel per year (EAF), 1.25 million tons per year (rolling mill)
- Products: square billets, rebar
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tosyali Holding](https://endata.com/companies/24201.md) (acquirer)
- [Bastug Metallurgy](https://endata.com/companies/78437.md) (target)

## Sources

- [gmk.center](https://gmk.center/en/news/turkeys-tosyali-acquires-bastug-metallurgy-steel-plant/), 2024-07-04: "Turkish steel company Tosyalı Group has announced the acquisition of the local steel plant Bastug Metallurgy in Osmaniye, southern Turkey."

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