The MMK Metallurgy is a multi-national steelmaking company established 2007 in Iskenderun, southern Turkey. Company's main plant, located in Dörtyol, began production in 2011 after three years of construction time. The total investment is worth of $2.7 billion.<[1]
An agreement to found a joint venture company for manufacturing flat steel products was signed on May 23, 2007 in Iskenderun between Viktor Filippovich Rashnikov, chairman of the Russian steelmaking company<r[1] Magnitogorsk Iron and Steel Works (MMK) and Recep Atakaş, chairman of the Turkish Atakaş Group of Companies.<r[2]
The foundation of the plant, covering an area of 500 ha in Dörtyol district of Hatay Province, was laid during a ceremony held on March 15, 2008.<r[3]