Erdemir to start USD 700 million iron ore project

Bloomberg reported that Eregli Demir & Celik Fabrikalari TAS, Turkey?s biggest flat steelmaker, will start USD 700 million investments to develop an iron ore plant by 2016. Mr Fatih Tar chairmnan of Eregli Demir & Celik Fabrikalari said that Erdemir, as…