Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkish steelmaker Çolakoğlu Metalurji has commenced production of special grades stainless steel sheet in October at the company foundry which also happens to be the Turkey’s first foundry, a company tweet said. 


The company produced 304 and 304L stainless steel grades and achieved the biggest casting tonnage worldwide for these grades in October. The company, however, did not provide the production figures, according to media reports. 


Çolakoğlu Metalurji is expanding their product range to enter additional markets. It has the capacity to produce 1mn mt of rebar and 4.5mn mt of HRC, annually.


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