Brief: Isdemir Announces Detailed Investment Plans

Iskenderun Demir Ve Celik

25/10/2019 14:58

Oct 25 (Reuters) - ISKENDERUN DEMIR VE CELIK AS  ISDMR.IS :
    * ISDEMIR NEW SINTER PLANT INVESTMENT HAS APPROXIMATE COST
OF $328
MILLION AND IS PLANNED TO BE COMMISSIONED IN JUNE 2022
    * NEW 1ST BLAST FURNACE INVESTMENT PROJECT WITH APPROXIMATE
COST
OF $288 MILLION PLANNED TO BE COMMISSIONED IN MAY 2021
    * VACUUM DEGASSING PLANT IS PLANNED TO BE COMMISSIONED IN
APRIL
2021, WITH AN ESTIMATED COST OF 80 MILLION USD
    * COKE BATTERY MODERNIZATION HAS A CAPACITY OF 500 THOUSAND
TONS/YEAR AND ITS PLANNED COST IS 73 MILLION USD

Source text for Eikon:  ID:nIKAcgYG2k 
Further company coverage:  ISDMR.IS 

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