Turkish long steel mill Koç Metalurji to halt production in January 2019

Turkish long steel producer Koç Metalurji intends to halt steel production to allow maintenance work during the first month of 2019, a mill source told Fastmarkets on Wednesday November 28.

Production operations at Koç Metalurji will stop from Tuesday January 1 until Thursday January 31. The mill may return to the market later than the end of January, however, depending on trading conditions.

“We were delaying the maintenance for a while and have decided to start it on January 1,” a mill source said. “However, we may delay resumption [of operations] until mid-February if market conditions do not recover, but there is no final decision on this yet.”

Koc Metalurji has capacity for 1.2 million tonnes per year of crude steel and 500,000 tpy of rebar.

Do you work in the Middle East iron & steel industry?

The Middle East Iron & Steel Conference (MEIS) brings together every influential company in the steel ecosystem, creating unequaled opportunities for meeting existing and future clients, making deals and gaining crucial information to capitalize on market opportunities. Join us in Dubai this December to be a part of the single largest gathering of iron and steel decision makers in the Middle East.

Click here for more information

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.