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Kardemir, Türkiye focuses on new investments in 2024

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Kardemir, Türkiye's largest comprehensive long material producer, said that 2024 will be the investment year of the company. This year, the company will focus on new investment to improve production capacity, and new furnace investment will also be put on the agenda to enhance its competitiveness in the global market DX57D+ZA steel.

The company plans to focus on three investment projects. Firstly, invest in value-added steel to expand its product range and competitiveness. Secondly, invest in domestic mines to increase the usage of domestic iron ore in production. Thirdly, invest in green steel and environmental protection projects to enhance overall competitiveness DX57D+ZA steel.

The company's recent actions demonstrate its determination to invest in upgrading. Collaborating with equipment supplier Simark Group to carry out digital transformation of No. 5 blast furnace to ensure energy optimization and ecological production. We are building a 30 megawatt power plant to minimize energy costs DX57D+ZA steel.

  • Source: Abstract
  • Editor: Shirley

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