Turkish Koc Metallurgy to suspend production at two plants

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.

  • Companies

Poland’s JSW exceeded plans for coal production and sales in Q1

Poland's Jastrzębska Spółka Węglowa (JSW), the largest coking coal producer in the EU, has announced…

Friday May 30, 2025
  • Global Market

Turkey increased steel exports by 14.4% y/y in April

In April, Turkey increased steel exports by 14.4% y/y – to 1.2 million tons. In…

Friday May 30, 2025
  • Global Market

The EU has almost exhausted its annual quota for imports of Russian pig iron in 3 months

In the first quarter of 2025, European companies almost exhausted the annual quota for imports…

Friday May 30, 2025
  • Companies

Nippon Steel to invest $6 billion in electric arc furnaces at three plants in Japan

Japanese steelmaker Nippon Steel plans to invest almost JPY870 billion ($6.05 billion) in the introduction…

Friday May 30, 2025
  • Industry

Ukrainian Railways re-puts up for sale 12 thousand tons of scrap for UAH 87.3 million

On May 28, 2025, Ukrainian Railways JSC (UZ) re-auctioned 12 thousand tons of ferrous scrap…

Friday May 30, 2025
  • Companies

Central Mining reduced ore delivery distance and diesel fuel costs

Metinvest Group's Central Mining and Processing Plant has implemented an infrastructure project that has significantly…

Friday May 30, 2025