18
Jun
01:00
Tosyali fires up wire rod mill, breaks ground for DRI plant in Algeria
Turkey’s Tosyali Holding has put into operation a 700,000 tonnes/year wire rod and merchant bar mill in Algeria. It has also broken ground for a 2.5 million t/y direct reduced iron plant in the country, the steelmaker says.
The wire rod and merchant bar mill, the second stage of Tosyali’s Algeria works, was wrapped up in 15 months for $250 million, Tosyali says in a statement seen by Kallanish. The plant will target sales mainly at small and medi…
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