Export goals and market potential
According to Ugur Dalbeler, vice president of the Turkish Steel Exporters Association (CIB), Turkey currently supplies $30 million in annual steel imports to Tanzania worth $700 million. Dahlbeler stressed that the short-term goal is to raise this figure to $100 million. He added that Tanzania offers good growth prospects not only in the domestic market, but also through its ties with neighboring countries.
Construction steel is in high demand
Tanzania's demand is focused on building steel products, especially thin sheets, wire, fences and nails. Dahlbeler also stressed the importance of Turkish construction companies abroad including domestic Turkish steel in their projects.
Tanzania welcomes Turkish cooperation
Boniface Ndengo, Vice President of the Tanzania Chamber of Commerce and Industry, stressed the strategic importance of cooperation with Turkey, noting that Tanzania and neighboring countries have great potential for joint development and trade growth.
Problems with scrap supplies in Turkey