Companies of the Turkish OYAK Group put new equipment into operation

Turkish steel producers Erdemir and Isdemir (part of the OYAK Mining and Metallurgical Group) have completed two major investment projects in line with their sustainable growth goals and net zero roadmap. This is reported by Gerçek Gündem.

Erdemir has put into operation a renovated coke oven battery No. 4. This will help balance coke production, reduce dependence on imports and cut costs. Battery No. 4, which replaced Batteries No. 1 and No. 2, which had been in operation since 1965, has an annual production capacity of 800 thousand tons. The advanced automation infrastructure will also improve environmental performance through advanced dust collection and filtration systems. All the processes at the facility, from design to testing, were carried out by the Erdemir Engineering and Erdemir teams.

At the same time, Isdemir commissioned a new blast furnace No. 1 with an annual production capacity of 2.8 million tons of pig iron, making it the largest in Turkey. The project was developed and implemented with the participation of Turkish engineers. It will allow the company to reduce costs, increase efficiency and contribute to sustainable production.

The new blast furnace was built by reconstructing the old blast furnace No. 1 using the most modern technologies. The number of tuyeres increased from 16 to 32 and the number of pouring holes increased from one to four, making the production process faster and more efficient. In addition, energy consumption was reduced due to the modernized raw material supply system and optimized heating technology.

Erdemir, Turkey’s largest integrated producer of flat and long products, recorded total investment expenditures of $1.07 billion in 2024.

  • Infrastructure

The American Chamber of Commerce calls for a measured review of rail tariffs

The American Chamber of Commerce in Ukraine has called on the government not to approve…

Tuesday July 14, 2026
  • State

The Verkhovna Rada has ratified the agreement on a free trade area with Turkey

On 14 July 2026, the Verkhovna Rada of Ukraine passed a law ratifying the Free…

Tuesday July 14, 2026
  • Industry

Ukraine increased imports of long steel products by 72.6% y/y in January–May

Between January and May 2026, the long steel products market in Ukraine saw a significant…

Tuesday July 14, 2026
  • Global Market

Formosa is further reducing its prices for hot-rolled steel for large orders

Less than a week after its previous price cut for hot-rolled steel, the Vietnamese producer…

Tuesday July 14, 2026
  • Infrastructure

Tosyalı has raised €187 million for a solar power development project

The Spanish bank BBVA has provided the Turkish steel group Tosyalı with €187 million in…

Tuesday July 14, 2026
  • Global Market

China’s steel exports fell by 5.6% y/y in January–June

In the first half of 2026, China’s steel exports fell by 5.6% year-on-year to 54.87…

Tuesday July 14, 2026