Turkish steel giant OYAK Mining Metallurgy continues to invest for continuous development strategy and announced that as of 31 March 2022, the Group's total investment expenditures amount to USD 85 millionIn Erdemir Plants, Commissioning activities continue in the New Wide Inspection and Recoiling Line Project. Equipment manufacturing, supply and field studies continue in the 2 Blast Furnace Renovation Project. Site installation works are ongoing in the No 6 Steam Boiler Project. Converters have been prepared for installation in the Steel Shop BOF Converters Modernization Project. Equipment shipment and site works continue in the Steel Shop Secondary Dust Collection System Capacity Improvement Project. The second phase studies continue in the Surface Inspection Systems Project. Equipment supply and site activities continue for the Various Fire Detection and Extinguishing Systems Project. Site works are ongoing in the Structural Improvement of Erdemir Port Docks Project and Project of Slitting Line Transfer to ERSEM. Distribution panel procurement studies continue in the Energy Distribution System Additional Investments Project. Detailed engineering works and 1st Phase construction works are ongoing in the 4 Coke Oven Battery Project. Detail engineering studies, procurement and supply processes continue in the 1 Slab Furnace Modernization Project, Plate Mill Housing System Renewal Investment Project, 60 MW Turbo Generator Project and No 6 Turbo Blower Project. Procurement activities continue for the New Sinter Plant Project, No 5 Coke Oven Battery Project, 1 Galvanizing Line Level-1 Automation System Modernization, Erdemir Domestic Waste Water Treatment Plant Modernization and 2 Hot Strip Mill Investment Projects.In Isdemir Plants, within the scope of the 3rd Coke Battery Modernization Project, the heating of the battery continues, and other construction and installation works are ongoing in the site. Supply, manufacturing and site activities continue within the scope of Vacuum Degassing Plant Project. Engineering, purchasing processes, equipment procurement, manufacturing and site activities continue in the 1 New Blast Furnace Project. Site activities continue within the scope of the North Side Land Reclamation Projects. Procurement, manufacturing and shipping processes continue within the scope of the Boiler No 3 Retubing and Burner Modification Project. Engineering studies have been completed in the 1 Blast Furnace Top Recovery Turbine Project. Within the scope of the project, equipment supply continues; construction and installation contract has been signed. Engineering and supply works continue within the scope of the Port-1 New Grab Ship Unloader Cranes Project. Procurement activities continue for the New Sinter Plant Project and the Upgrade of HSM Level 1 System Project. Procurement process has been started in the Modernization of Turbo Generator No1 & No 2 Project. Preparation works for the specification and procurement process continues in the Electricity Generation from The Steam Produced in Coke Dry Quenching Project.
Turkish steel giant OYAK Mining Metallurgy continues to invest for continuous development strategy and announced that as of 31 March 2022, the Group's total investment expenditures amount to USD 85 millionIn Erdemir Plants, Commissioning activities continue in the New Wide Inspection and Recoiling Line Project. Equipment manufacturing, supply and field studies continue in the 2 Blast Furnace Renovation Project. Site installation works are ongoing in the No 6 Steam Boiler Project. Converters have been prepared for installation in the Steel Shop BOF Converters Modernization Project. Equipment shipment and site works continue in the Steel Shop Secondary Dust Collection System Capacity Improvement Project. The second phase studies continue in the Surface Inspection Systems Project. Equipment supply and site activities continue for the Various Fire Detection and Extinguishing Systems Project. Site works are ongoing in the Structural Improvement of Erdemir Port Docks Project and Project of Slitting Line Transfer to ERSEM. Distribution panel procurement studies continue in the Energy Distribution System Additional Investments Project. Detailed engineering works and 1st Phase construction works are ongoing in the 4 Coke Oven Battery Project. Detail engineering studies, procurement and supply processes continue in the 1 Slab Furnace Modernization Project, Plate Mill Housing System Renewal Investment Project, 60 MW Turbo Generator Project and No 6 Turbo Blower Project. Procurement activities continue for the New Sinter Plant Project, No 5 Coke Oven Battery Project, 1 Galvanizing Line Level-1 Automation System Modernization, Erdemir Domestic Waste Water Treatment Plant Modernization and 2 Hot Strip Mill Investment Projects.In Isdemir Plants, within the scope of the 3rd Coke Battery Modernization Project, the heating of the battery continues, and other construction and installation works are ongoing in the site. Supply, manufacturing and site activities continue within the scope of Vacuum Degassing Plant Project. Engineering, purchasing processes, equipment procurement, manufacturing and site activities continue in the 1 New Blast Furnace Project. Site activities continue within the scope of the North Side Land Reclamation Projects. Procurement, manufacturing and shipping processes continue within the scope of the Boiler No 3 Retubing and Burner Modification Project. Engineering studies have been completed in the 1 Blast Furnace Top Recovery Turbine Project. Within the scope of the project, equipment supply continues; construction and installation contract has been signed. Engineering and supply works continue within the scope of the Port-1 New Grab Ship Unloader Cranes Project. Procurement activities continue for the New Sinter Plant Project and the Upgrade of HSM Level 1 System Project. Procurement process has been started in the Modernization of Turbo Generator No1 & No 2 Project. Preparation works for the specification and procurement process continues in the Electricity Generation from The Steam Produced in Coke Dry Quenching Project.
