It is reported that Turkey's Kibar Holdings has started to construct its 2 million tonnes per year flat products complex.

The plant and equipment is set to trial run in end 2009 and production to be scheduled in the first half 2010 but still wait for the permit of the hot strip mill and cold rolling mill.

As per report, the first stage will involve a USD 500 million investment in 2 million tonnes per year hot strip mill and 1 million tonnes per year cold rolling mill. The second stage is a USD 200 million investments in a 500, 000 tonnes per year galvanizing and pre painting line.

(Sourced from YIEH CORP)