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AD Ports signs steel deal

[ January 25, 2023   //   ]

Abu Dhabi’s AD Ports Group has signed a memorandum of understanding with Tosyalı, one of Turkey’s largest private steel producers.

AD Ports will collaborate with Tosyalı on shipping, logistics, ports, and freight forwarding services, including potentially jointly investing in new port facilities to support its export operations. 

With 30 manufacturing plants, including associates and joint ventures in Turkey, Algeria and Angola, Tosyalı has an annual manufacturing capacity of more than 10 million tonnes of steel, with significant volumes shipped to markets around the world. The company operates a site at Iskenderun Port, Turkey, and is involved in the development of the new Erzin Port.

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