# Yongjin Technology Group to build USD 257M stainless steel plant in Türkiye

Chinese steel giant Yongjin Technology Group announced plans to build a new stainless steel plant in Yalova, Türkiye, with a USD 257 million investment. The facility will have an annual production capacity of 400,000 tons of cold-rolled steel sheets and strips, and construction is expected to take approximately 24 months.

- Type: New facility
- Announced: 2025-03-26
- Where: Yalova Machinery Specialized Organized Industrial Zone, Türkiye
- Value: $257.0M
- Status: announced
- Capacity: 400,000 tons per year of cold-rolled steel sheets and strips
- Products: cold-rolled stainless steel sheets and strips
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Yongjin Technology Group](https://endata.com/companies/69710.md)

## Sources

- [steelradar.com](https://www.steelradar.com/en/haber/chinas-yongjin-to-build-a-stainless-steel-plant-in-turkiye-with-an-investment-of-usd-257-million/), 2025-03-26: "Chinese steel giant Yongjin Technology Group has announced plans to build a new stainless steel plant in Türkiye with a USD 257 million investment"

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