MMK-Atakas, a joint venture of Magnitogorsk Iron & Steel Works and Atakas Group, commissioned an EAF facility at its industrial complex in Iskenderun, Turkey. Production is expected to reach more than 800,000 metric tons of steel products this year. The plant also comprises a cold-rolling mill and galvanizing and color coating lines. Danieli is the key equipment supplier for the project.
The decision to build the EAF facility, which will have a full annual capacity of 2.3 million metric tons, was made in May 2007. Total investments in the project are estimated at around $2 billion. A seat port was built next to the production site in order to supply raw materials to the plant and ship products to customers.