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MOL targets Turkey’s steel sector

Japan’s largest shipowner Mitsui OSK Lines (MOL) is looking to make dry bulk inroads into Turkey.

MOL has signed an agreement with Turkish steel mill Tosyali Holding looking to develop transport agreements for both raw materials and steel products as well as developing a port together in southeastern Turkey.

Tosyali is a major Turkish steel company, with 2018 output of over 10m tons, and is developing the business on a broad scale both in Turkey and around the world. Last year, the company started operation of world’s largest direct reduced iron (DRI) plant in Algeria.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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