Turkish steelmaker Kardemir officially commissioned its new Continuous Casting Machine No. 2 on the company’s 89th anniversary. This project belongs to a $74 million investment package that includes a second vacuum degassing plant and a sizing block for the bar and rod mill. Energy and Natural Resources Minister Alparslan Bayraktar attended the ceremony to support the expansion of the regional industrial base.

These upgrades aim to increase liquid steel capacity to 3 million tons annually while expanding the production of high-value-added goods. By strengthening its manufacturing capabilities, Kardemir supports national industrial goals and the defense sector.

The company also looks toward utilizing the Filyos Port to improve regional logistics and economic growth as it continues its long-standing contribution to the economy.