Taiwan’s YC Inox’s investment in Turkey to start production in Q1 2022
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Update time : 2021-01-08 18:14:05
YC Inox Co., Ltd., a stainless steel producer in Taiwan, invested US$27 million to build a plant in Turkey, and the production was expected to start in the first quarter of 2022.
The designed monthly output of stainless steel pipes is 1,500-1,800 tons, and that of stainless steel plates is 2,500 tons.
According to YC Inox, it is the first phase of investment. The production of the first phase will be mainly for local sales, and whether to launch the second phase will depend on the future production and sales of the first phase.
