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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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23.06.2023
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Hayır (No)
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With the special situation statement made on 23.06.2023;
Regarding our steel mill investment process, it was stated that the equipment foundations were completed and machinery and equipment installations continued depending on the supply and delivery processes, and that the investment was planned to be completed by the end of 2023 as a result of market conditions, supply, delivery and assembly processes.
Although there were delays in the process due to the supply, delivery and assembly processes, the machinery and equipment installations have been largely completed at this stage.
Following the completion of machine and equipment installations in line with the technical analysis and planning, it is anticipated that production tests will begin by the end of the first quarter of 2024 within the scope of commissioning the investment.
Developments regarding the steel mill capacity increase investment, which continues with determination, will also be shared with the public.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.