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Turkish steel company TCK by Kıraç has announced the launch of a new investment project totaling 13.5 billion Turkish Lira, aimed at expanding production capacity and enhancing its ability to supply high-value-added products.
The investment plan focuses on the construction and upgrading of production lines for steel rolling, galvanizing, and deep processing, with the goal of strengthening the company's competitiveness in both domestic and export markets. HCT980C+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Driven by rising demand for high-quality steel in Europe, the Middle East, and North Africa, Turkish steelmakers are accelerating capacity upgrades and the optimization of their product portfolios.
The company stated that upon completion, the project will significantly boost production efficiency and strengthen supply capabilities for the automotive, home appliance, construction, and industrial manufacturing sectors. HCT980C+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Additionally, the investment will help improve energy efficiency and drive the transition toward green steel production.
In recent years, HCT980C+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Turkey's steel industry has steadily increased the share of electric arc furnace (EAF) steelmaking and actively adapted to green trade policies—such as the EU's Carbon Border Adjustment Mechanism (CBAM)—to maintain its export competitiveness in the European market.
