The Turkish steel industry offers advantages to its investors with its market diversity and increasing production demand.
The most fundamental factor affecting investors, the flashback time investment to be made and indicating that the profitability of the Association of Turkey Steel (TÇÜD) General Secretary Veysel Yayan, “Turkey’s dynamic economy, high consumption capacity and a very attractive country for investors as the proximity to the market.” said.
In Turkey, about 340 organized industrial zones (OSB) found that around 2 million workers and the work that expresses Yayan said that the stability of the country’s industrial infrastructure development.
Over time, the ups and downs endure Turkey’s demand has pointed out that a live country Emitting “The government never intervened had not even if they continue to grow the demand of Turkey. This demand growth is gaining further momentum with the removal of bureaucratic obstacles. Largest offered to Turkey’s investors opportunity, the rapid increase in demand and the size of the demand. ” He spoke in the form.
“Need to produce stainless steel”
Yayan Turkey, especially in areas that need investment in stainless steel, reported here that the capacity is not enough. The importation of the products in question Emitting striking about $ 1 billion paid, “Stainless steel is used in construction in Turkey. For the formation of the demand anything yet not very common but being first with him, you need to bring to market. Demand will be notified in Turkey when this happens, stainless steel consumption will increase, and we think it would be a positive contribution to other industry sectors that use it. Turkey will produce stainless steel in a real sense, we need to invest to add value to the country. ” he spoke.
Stainless steel use the Emitting stressed that they expect to increase this year, made the following assessment: “Turkey offers significant opportunities in terms of demand for its investors. Per capita steel consumption in Turkey came to 400 kilograms levels. Our consumption levels of our higher from the EU and the United States. This This is partly because they meet their infrastructure needs at a high rate and we are still investing. We anticipate that per capita steel consumption will rise to 500 kilograms and production will exceed 40 million tons in the coming years. the entire value chain, starting from raw steel to be produced is important to remain in Turkey. “
“Turkey is a country that can find him fast market”
Emitting of Turkey’s exports to various continents not allow for its geographical position allows its advantages, he said. Reminding the practices of some countries targeting the Turkish steel industry, Yayan said that in order not to be affected by such negativities, they can find new markets for themselves with the contribution of the dynamic structure of the sector and the geographical location of the country.
Turkey’s Emitting that there is a very dynamic market, said: “In 2020 in Singapore, we have resumed the steel exports to Hong Kong and Far East countries. We were able to take position according to constantly changing market conditions in the past year. An interim 2000 In years, we were selling 72 percent of our production to China, then we turned to the EU. When there was a problem there, we started exporting to the Gulf and the Middle East. Then there was a crisis there, then we turned to North Africa. We turned to the USA and to the EU again. Now, when we have difficulties in the EU, this time we head directly to African countries. We can export products that meet the needs of every country in the world. “
Source: Dünya Gazetesi by www.dunya.com.
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