2025 results - strong revenue and production growth
Recalling that the group generated about $7 billion in revenue in 2024, Mr. Tosyaly said that the growth target of about 30 percent set for 2025 has been largely achieved. In this context, total production is expected to increase from 9.12 million tons in 2024 to over 13 million tons by the end of 2025.
Global market conditions and competitive pressure
Noting that the global economy remains under significant pressure due to geopolitical risks, uncertainty in trade policy and, in particular, oversupply from China, Tosyaly noted that Chinese products are being redirected to World markets after additional tariffs imposed by the United States are increasingly shifting towards other regions. According to him, this situation has created indirect pressure on both the Turkish domestic market and exports.
Against this background, Tosyaly stressed the crucial importance of an integrated national industrial approach that supports domestic producers, taking into account both domestic and export markets, especially in response to unfair competition from the Far East.
About 50 plants on three continents, with a capacity of 15 million tons
Thanks to investments in Turkey, Algeria, Libya and Spain, the group has expanded its scale and strengthened its high-value-added steel production capacity, Tosyali said, adding that global steel production has grown by 110 percent over the past five years. As a result of this growth, the group has become the third largest steel producer in Europe, while maintaining its position as the largest Turkish company in terms of crude steel production capacity.
Eco-friendly steel and strategic investments come to the fore
Tosyali stated that the Iskenderun Tosyali Demir Celik plant has gradually reached full capacity, and a new one is in Algeria.
