ru-Iron and Steel Production in Turkey and Advantages for Foreign Companies

Turkey’s Iron and Steel Industry

Turkey has a strong production capacity in the steel industry and is a significant global supplier. The country’s steel production continues to grow rapidly each year, and its sector stands out with its diversity and high-quality standards. With over 2,000 steel manufacturers/distributors operating in the country, Turkey is able to offer competitive prices and high-quality products to both local and international markets. This extensive network of producers makes Turkey one of the leading suppliers in the industry, with flexibility and rapid adaptability to meet varying demands.

The country ranks among the top 10 steel exporters globally, with annual export figures reaching billions of dollars. The quality of Turkish steel products meets international standards, offering solutions that provide both durability and aesthetic appeal. These products are widely used in industries such as automotive, construction, energy, and other sectors.

Product Diversity

The iron and steel sector in Turkey offers a wide range of products. Major products include steel sheets, profiles, iron rods, rebar, coil sheets, galvanized sheets, and stainless steel products. This variety demonstrates the flexibility and competitiveness of Turkey’s iron and steel sector. Additionally, special alloy products such as ferrosilicon and ferroelastic are also produced.

Annual Export Volume

Despite global economic fluctuations, Turkey’s iron and steel exports continue to grow. According to 2023 data, exports in the iron and exports in the steel sector increased by 30% to $15 billion. Turkey’s iron and steel products are in high demand, especially in the European and Middle Eastern markets.

Logistical Advantages

Turkey’s strategic geographic location provides logistical advantages that allow steel products to be delivered quickly and cost-effectively to international markets. With advanced road, sea, and rail networks, Turkey serves as a key logistics hub for both exporting and importing firms. These factors make Turkey’s steel industry a key player in global supply chains. Steel products from Turkey can be delivered within 20-25 days to major cities in the U.S., such as New York and New Orleans, and within 5-7 days to key European cities like London, Paris, and Berlin. Additionally, major Middle Eastern cities like Dubai, Riyadh, and Doha can receive deliveries within 5-7 days, ensuring efficient and timely supply to global markets.

Conclusion

In conclusion, Turkey’s iron and steel sector is a highly attractive option for foreign companies due to its product diversity, quality, and logistical advantages. Investments made in the country and advanced logistics facilities contribute to the sustainable growth of iron and steel exports. Turkey’s iron and steel sector will continue to make significant contributions to the economy by increasing its competitiveness in global markets.

If you are looking for new suppliers or customers in steel imports and exports, we would be pleased to support you with our extensive network in Turkey.