August 12 (SeeNews) - Turkish iron and steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret [BIST:KRDMA] said on Monday its unit Kardokmak has contracted Germany's Schuler Group for a project for the production of locomotives and wagon wheels.
The project envisages the production of 200,000 wheels annually, Kardemir said in a statement filed with Borsa Istanbul without elaborating.
Schuler provides metalworking equipment for different industries including the automotive, appliances, railway, aerospace, defense, large pipes sectors.