Annual Report 2011 - Magnitogorsk Iron & Steel Works ...

2011 /
ANNUAL REPORT
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MMK Metalurji (Republic of Turkey)
Project’s Highlights
• State-of-the-art integrated steel-making facility
• Rolled steel capacity: 2.3 mtpy
• Products: hot rolled, galvanized and colour-coated steel
• Start of production: 2010
• Full production capacity to be reached in 2012
• Total project cost: USD 2.4 billion
Istanbul
MMK Metalurji
TURKEY
Iskenderun
MMK Metalurji
12 13
Competitive advantages:
• Favourable geographic position (growing markets of Turkey and other Middle East countries)
• Good logistics (own sea port and plant’s compact size)
• State-of-the-art equipment
• Diversified product mix
The construction of the Turkey steel project started in March 2008. The project, with an annual capacity
of 2.3 million tons of flat steel products, is located on two sites: Iskenderun and Istanbul. Investments
in the project totaled approx. USD 2.4 billion. MMK Metallurji includes an electric arc furnace shop
with a compact casting and rolling unit (CSP), a cold rolling mill, a steel service centre with a hot dip
galvanizing (HDG) and colour coating (CC) lines in Inskenderun, and a steel service centre with an HDG
and CC lines in Istanbul.
The Iskenderun plant also includes a sea port capable of handling vessels up to 100,000 DWT, which is
instrumental to exporting the plant’s products and importing raw materials.
Iskenderun’s EAF shop with a CSP unit was commissioned in March 2011, with the first steel coil
produced in May 2011.
MMK Metallurji is expected to reach design capacity during 2012.