The project is reportedly the largest single private investment in the iron and steel industry in Turkey and will have the capacity to produce 2.5 million tons of hot flat-rolled products and 1.2 million tons of cold rolled products. The plant will also produce galvanizing steel, dyed sheet steel and rolled steel.

ABB will supply technology including a static var compensator (SVC), which compensates for fluctuations in the voltage and current of power supplies that can harm production quality in industrial plants.

The contract was awarded by MMK-Atakas, a joint partnership between Atakas Metallurgy and Port Management Turkey and Magnitogorsk Iron and Steel Works (MMK), a Russian company.

The order includes transformers, high and medium-voltage switchgear, a substation supervisory control and data acquisition system (SCADA), and flexible AC transmission system.

In addition to the SVC system, ABB will supply four power transformers, a 380/34.5kV complete turnkey switchyard, and a 72.5kV open switchyard. The company will also supply and install medium-voltage panels along with the SCADA and communications system.