In a statement to an Anadolu Agency (AA) correspondent, Tosyalı evaluated the holding’s activities for 2025, its production networks, investment plans for 2026, and capacity increases in different countries. Noting that the global economy has been under the influence of geopolitical developments and uncertainties in trade policies this year, Tosyalı said that China’s excess supply, driven by its high production figures and spread across global markets, has seriously disrupted balances in international trade.
Tosyalı stated that the additional tariffs imposed by the United States on China have further intensified this situation, pushing China to redirect its products more heavily toward other markets. He noted that this has created pressure in Türkiye's domestic market and has indirectly affected exports negatively, emphasizing that iron and steel producers have faced significant challenges over the past two years due to these conditions.
Stating that a comprehensive national approach is needed to address unfair competition originating from the Far East one that takes into account both the domestic and international markets Tosyalı said it is critical to continue decisively implementing measures that support local producers and balance the competitive environment.
Recalling that they closed last year with approximately USD 7 billion in global revenue, Tosyalı said: “For 2025, we had aimed to increase our total revenue by nearly 30% to around USD 9 billion. We will finish the year at a level very close to this target. Our total production, which stood at 9.12 million tons in 2024, is expected to exceed 13 million tons by the end of 2025.”
15 million tons capacity across 3 continents
Tosyalı stated that the pressure created by low-priced products from China in the domestic market has affected them as well; however, thanks to their capacity, production power, and high-quality products, they have managed to overcome these challenging conditions.
He said that with their investments in Türkiye, Algeria, Libya, and Spain, they have scaled up and strengthened their high value-added steel production capacity. Today, they have reached an annual liquid steel production capacity of 15 million tons across nearly 50 facilities on 3 continents. Tosyalı added that, thanks to their sustainability and advanced technology investments, they became one of the world’s fastest-growing top three steel producers last year and are the only company among the world’s top 50 steel producers to maintain this growth continuously.
Tosyalı noted that over the past five years, they have increased their global crude steel production by 110%, and today they are Europe’s third-largest steel producer and the company with the highest crude steel production volume based in Türkiye.
He stated that despite the Kahramanmaraş-centered earthquakes on February 6, 2023, they gradually reached full capacity at the Tosyalı Iron & Steel İskenderun Facility. In Algeria, he added, new investments have been launched, including the second Direct Reduced Iron (DRI) plant. These investments are expected to enable the supply of more products to the white goods and automotive sectors and to strengthen the company’s position in the industry.
STS acquisition and Libya investment
Tosyalı stated that following the acquisition of STS, one of Spain’s leading steel pipe producers, they initially increased production twelvefold through efficiency programs, and that investments to further improve efficiency and production at this facility are ongoing.
Pointing out the strategic importance of investments in Libya, Tosyalı said they established Tosyalı SULB in Benghazi to build the world’s largest DRI plants with a total capacity of 8.1 million tons. He added that investments have begun for the first phase of the integrated iron and steel complex, which will have a capacity of 2.5 million tons, and that this facility will supply hot briquetted iron (HBI) needed for green steel both in the region and in Europe.
Tosyalı noted that total investments made over the past five years exceed USD 6 billion, with the majority focused on sustainability-oriented projects. He recalled that this year they took the first step in one of Türkiye’s largest self-consumption solar energy projects in Osmaniye, and that once completed, approximately half of their total energy needs could be met by solar power.
Stating that they source raw materials internally and produce end-to-end, Tosyalı emphasized that their product-based carbon emissions are approximately 50% lower compared to competitors.
The goal is the top 20
Tosyalı stated that they act in line with long-term strategic plans and foresee that globalization will be reshaped, increasing the importance of local production in strategic sectors such as steel. In this context, he said they have identified Africa as one of their main investment regions and added that they are steadily advancing toward their goal of becoming one of the world’s top 20 steel producers within the next five years.
Comments
No comment yet.