Turkey’s Ozkan mulls US scrap facility

Jan 24, 2013 | 04:03 PM | Sean Davidson

Tags  scrap, steel, Ozkan Steel USA, Ozkan Demir Celik, Fehmi Nuhoglu, Colakoglu Metalurji, shipbuilding, Sean Davidson

NEW YORK — A second Turkish steel producer is considering setting up a scrap recycling facility and steel mill on the Gulf Coast, but that doesn’t mean it’s a sign of things to come.

Houston-based Ozkan Steel USA LLC, the U.S. subsidiary of Turkish steel producer Ozkan Demir Celik Sanayi AS, is in the process of identifying a final location in southern Louisiana and expects to start the scrap recycling facility by June this year, a company executive confirmed.

M. Fehmi Nuhoglu, the company’s vice president for investments and strategic development, also confirmed plans to build a 300,000-tonne-per-year steel plant that would cater specifically to the shipbuilding industry. It would cost $150 million.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results