---
title: "Steel Company Developments"
type: "category"
canonical: "https://steelmagazine.com.tr/steel-company-developments"
site: "Steel Magazine"
lang: "en"
description: "News and reporting on Steel Company Developments, within the wider subject of Steel Companies and Projects. This archive brings together articles whose main focus is this specific industry topic."
---

# Steel Company Developments

News and reporting on Steel Company Developments, within the wider subject of Steel Companies and Projects. This archive brings together articles whose main focus is this specific industry topic.

## Articles

- [Borçelik exports 80% of flat steel output from its Bursa plant](https://steelmagazine.com.tr/article/borcelik-bursadaki-celik-fabrikasinda-uretimin-yuzde-80ini-ihrac-ediyor) — 27 February · Approximately 80% of the flat steel produced at Borçelik's facility in Gemlik, Bursa reaches international markets through direct and indirect exports, making the plant one of the most internationally connected flat steel suppliers in the region.
- [UzOman acquires 33.3% stake in OYAK subsidiary Hektaş Asia for $24.9 million](https://steelmagazine.com.tr/article/oyak-istiraki-hektas-asiaya-uzomandan-249-milyon-dolarlik-ortaklik) — 27 February · UzOman Investment Company, jointly established by Oman Investment Authority and the Uzbekistan government, has acquired a 33.3% stake in Hektaş Asia LLC, the Uzbekistan-based investment of OYAK subsidiary Hektaş, for $24.9 million.
- [Global contraction reshapes steel strategy: Turkey pivots to nearby markets](https://steelmagazine.com.tr/article/kuresel-daralma-celigin-stratejisini-degistirdi-turkiye-rotayi-yakin-pazarlara-cevirdi) — 27 February · Growing uncertainties in the global economy, price pressures, and intensifying protectionist trade measures are pushing Turkey's steel sector into a new era of export strategy focused on nearby markets and value-added products.
- [OYAK unveils 2030 roadmap: target of $60 billion in assets](https://steelmagazine.com.tr/article/oyak-2030-yol-haritasini-acikladi-hedef-60-milyar-dolar) — 27 February · OYAK General Manager Murat Yalçıntaş unveiled the institution's strategic roadmap at the "Vision 2030" press meeting in Istanbul, targeting $60 billion in assets and $10 billion in exports by 2030.