tosyalı

Tosyali Group completes USD 1bn steel plant investment. Tosyalı Group completed the USD 1bn
investment for a steel plant, which has an annual flat steel production capacity of 2mn tonnes. The
plant will create 10,000 jobs. The new investment made Tosyali Group one of the country’s five largest
steel producers. Chairman of the group, Fuat Tosyali says that the company’s revenues, which is
expected to be USD 800mn this year, is likely to increase to USD 1.2bn next year.