Turkish steelmaker Nursan Demir Çelik Fabrikaları, which was founded in 1983 in the southern Turkish city of Hatay, has recently halted operations due to financial problems, according to media reports.
The steel mill with an annual capacity of 1.5 million mt and 900 employees used to produce 8-32 mm rebar and 120 x 120 mm-150 x 150 mm square billets. Nursan exported to 47 different countries and ranked 76th in Istanbul Chamber of Industry’s “Top 500” list and 123rd in the Turkish Exporters’ Assembly “Top 100 Exporters” list.