The largest Japanese ship owner Mitsui OSK Lines (MOL) is seeking to penetrate Turkey with bulk materials.
MOL has signed an agreement with the Turkish steel mill Tosyali Holding, which aims to develop transport agreements for both raw materials and steel products, as well as to develop a joint port in southeast Turkey.
Tosyali is a large Turkish steel company with an output of over 10 million tonnes in 2018 and is developing its business on a large scale both in Turkey and around the world. Last year, the company began operating the world's largest direct reduction iron (DRI) plant in Algeria.
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Metallurgy news
- 12 June 2026
23:00 The number of drilling rigs in the USA decreases, in Canada it increases - Week 24, 2026. 23:00 Car production in Brazil increased by 10.6 percent in May 21:00 Brazilian exports of heavy sheets fell 97 percent in May 18:00 US issues final order for cold drawn mechanical pipes from India 16:00 The annual cost of exporting steel from Kazakhstan to the EU may amount to more than 100 million euros. 16:00 Iran lifts restrictions on exports of steel slabs and flat rolled products 15:00 Rio Tinto and China Baowu complete direct reduction trials using Pilbara Blend iron ore 15:00 India rejects US accusations of excessive steel production
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