On Tuesday, October 7, the SteelOrbis Market Talks meeting, held at the Anemon Hotel Iskenderun with over 400 participants and sponsored by Turkish steel producer Atakas Celik and attended by Atakas Celik's Deputy Chairman of the Board, Mustafa Naim Atakas, discussed in detail the current state and future expectations of the Turkish steel industry. Other sponsors of the meeting were Yatırım Finansman, Arslan Group and Asya Tasımacılık.
Negotiations on the Iskenderun market: Turkish factories strive to stay afloat in conditions of high interest rates and weak demand
On Tuesday, October 7, the SteelOrbis Market Talks meeting was held at the Anemon Hotel Iskenderun, attended by over 400 people and sponsored by Turkish steel producer Atakas Celik, who discussed in detail the current state and future expectations of the Turkish steel industry. Other sponsors of the meeting were Yatırım Finansman, Arslan Group and Asya Tasımacılık.
Industry assessment of Atakash Celik
After the opening speech by Murat Erylmaz, CEO of SteelOrbis, Haidar Küpeli, Export Director of Atakas Çelik, summed up the development of Atakaş. Celik's production facilities and facilities, emphasizing that the company has become one of the most modern enterprises in Turkey. Mr. Kuepeli stated that due to the integrated structure of the company, consisting of etching, reverse rolling, galvanizing and painting facilities, as well as steel service centers, its total annual processing capacity exceeded 1.1 million tons. By 2025, Turkey may overtake Germany and rise to seventh place. However, he noted that capacity utilization has decreased in recent years, commenting: "In 2021, capacity utilization was 75 percent, but in 2023, due to the earthquake, it dropped to 57 percent. This year, we expect it to approach 62 percent." for Turkish steel producers. According to Kupeli, due to Turkey's high share of electric arc furnace production and logistical advantages, it has the potential to stand out in the low-carbon segment. If the prices of high-emission producers such as China and India rise, Turkey may gain new opportunities in the European market due to its competitiveness.
The Turkish steel industry has gone through a difficult two years
The discussion was moderated by Murat Erylmaz, Atakas Çelik CEO Cem Ustyun and Marketing Director of Ekinciler Holding Group Kaan Özülü, who discussed the weak demand and financial tensions that have persisted in the Turkish steel industry over the past two years.
Cem
