Арматура
Turkish long products producer Koc Metallurgy has announced that it will suspend production at its two plants due to scheduled annual maintenance. This is reported by SteelOrbis.
Production at the Osmaniye plant will be suspended from March 24 to April 5, and at the Payas plant from March 27 to April 7.
However, the company said in a stock exchange filing that it will continue to operate as usual during the repair work. The company said that the temporary suspension will not affect its overall operations or business continuity.
Koc Metallurgy is an electric arc furnace steel producer in southern Turkey. Its steelmaking capacity is 1.1 million tons per year and its rebar production capacity is 520 thousand tons per year.
As GMK Center reported earlier, in February 2025, Turkish steelmakers reduced steel production by 8.7% compared to the previous month and by 6.1% compared to February 2024, to 2.92 million tons. The figure fell to its lowest level since April last year.
Last year, Turkish steelmakers achieved growth after 2 years of stagnation. This was facilitated by the active development of infrastructure projects, including the recovery of regions after the earthquake, export growth in the face of changes in global markets, and the modernization of metallurgical facilities. In 2024, the country increased steel production by 9.4% year-on-year – to 36.89 million tons. Pig iron production in the country increased by 17.2% y/y – to 10.19 million tons last year.
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