In order to strengthen its footprint in the Middle East market, MMK has concluded construction of the MMK Metalurji steel production complex in Turkey.

The continuous hot dip galvanizing unit at the MMK Metalurji Istanbul site was commissioned on July 15 2011. This marks completion of construction of the MMK Metalurji metallurgy complex, which is located at two sites in Iskenderun and Istanbul. Construction of the Iskenderun facility was completed in May 2011.

The annual production capacity of MMK Metalurji is 2.3 million tonnes of finished steel products: hot-rolled coils, galvanised coils and colour-coated coils.

The advanced production technology installed at MMK Metalurji makes the plant one of the most advanced in Turkey. This new facility will meet growing Turkish demand for a range of metal products and enable MMK to export products to the Middle East, Mediterranean region and Europe.

Acquisition of 50% minus one share of MMK Metalurji from the Atakas Family was completed on September 15 2011. The total price of the deal is USD 485 million.