Turkey-based flat rolled steel and steel pipe producer Tosyali Holding has announced that it has established a new joint venture (JV) with US-based Harsco Corporation at its Toscelik plants in Osmaniye, which will be focused on metal recycling services and slag sales.
Tosyali Holding stated that, with the new joint venture, Harsco has entered the Turkish steel manufacturing sector for the first time. The new joint venture also supports Toscelik’s target to become the first plant in Turkey to create a world-class solution for metal recycling and wholesale.
“In addition to disposal of slag, which is one of the fundamental problems of the Turkish steel industry, we aim to benefit from our partner’s experience of over 100 years to recycle this waste for it to be used again in the Turkish economy. With the success of this plant in Osmaniye, which will be a model project, we will continue to work with our partner to increase the number of slag disposal plants in other parts of our country,” stated Fuat Tosyali, Tosyali Holding chairman.