Russia's largest steelmaker Magnitogorsk Iron & Steel Works (MMK) and Atakas Group, one of the leading Turkish mining companies, will hold a groundbreaking ceremony on March 15 for their new plant and port in Dortyol, in the southeastern Turkish province of Hatay.
The new plant will specialize in the production of flat steel and is expected to be completed by 2011.
Italian plantmaker Danieli has been chosen as the main equipment supplier for the new plant.