Large Turkish special steel bar producer Has Celik aims to reduce carbon footprint with a new electric arc furnace steel mill, currently under construction in Bilecik province, it said in an April 28 statement.
It is aiming to produce low-carbon steel grades at the new mill, with full production scheduled to start in Q4 2024.
The company introduced its new industrial product brand “Crombar” at the Wire and Tube Fair in Germany, with CEO Adnan Naci Faydasicok saying it aimed to expand export destinations by focusing on low-carbon steel production.
“To build a sustainable future, we will also reshape our supply chain,” he said, adding the company would invest to raise the energy productivity of its facilities by 30% by 2030 and to become carbon neutral by 2050.
The new EAF mill will be equipped with an electro-magnetic liquid steel stirring system, a ladle furnace and a twin vacuum degasser.
Has Celik will produce steel billets between 160 x 160 mm and 240 x 240 mm in a wide range of steel grades that include low, medium, high and micro alloyed grades for the automotive, mechanical engineering, and aerospace industries.
The company currently has 300,000 mt/year special steel bar production capacity.
Platts assessed Turkish exported rebar at $585/mt FOB April 26, flat on the day, according to S&P Global Commodity Insights data.
Cenk Can
