Eddisons CJM win instruction to sell Rebar Mill in Izmir

Plant & Machinery Valuers & Auctioneers Eddisons CJM have won an instruction to market & sell a Steel Rebar Mill in Izmir, Turkey. The Mill which is owned by Turkish Steel Company Ozture Celik AS comes to the market as a result of the factory site being sold for redevelopment.

The Mill is currently configured will product about 120,000 tonnes of rebar and other rounds 12-25mm diameter, using a 2-metre-long 130mm x 130mm billet for feed stock. Replacing the current billet reheat furnace to allow processing of longer feed stock would probably double annual mill output.

The Mill comprises Turkish built stands with mainly German motors and gearboxes. It was fully refurbishment in 2009 and ceased operation about 2 years ago. It remains on foundation and under power.

Guide Price is USD €990,000 to include an extensive range of spares including stands, rolls and chocks together with a comprehensive selection of drawings.

Further details from charles.moses@eddisonscjm.com or via LinkedIn.

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