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Current energy policies prevent our exports

Veysel Yayan, Secretary General of the Turkish Iron and Steel Producers Association (TÇÜD) expressed the problem in the sector with the words: "We are at the end of the word, the knife did not touch the bone; it now cuts the bone".

Current energy policies prevent our exports

Yayan, who was the guest of the Ankara Talks, stated that the production has narrowing by 30 percent in the last two months and the capacity utilization has decreased to 51 percent. Pointing out that the world steel industry, which escaped from the protectionist policies of the USA and the EU, "entered Turkey freely", Yayan harshly criticized the EU's steel trade policies.

TÇÜD Secretary General Veysel Yayan, who said that the world steel industry, fleeing from the protectionist policies of the USA and EU, entered Turkey freely, said that the current energy policies prevented exports, the latest energy hikes left the companies in a difficult situation and even brought them to the point of closure.

Veysel Yayan, Secretary General of the Turkish Steel Producers Association (TÇÜD), stated that especially energy hikes and import policy put the industry in a very difficult situation, and said, "We are at the end of the word, the knife did not touch the bone, it cuts the bone now". Expressing that energy policies prevent exports, Yayan said that the world steel industry, which escaped from the protectionist policies of the USA and the EU, entered Turkey freely. Yayan, who was a guest of the Ankara Talks, sharply criticized the European Union's policies on steel trade.

"An energy policy that prevents exports"

We are faced with an energy policy that prevents exports. We don't just pay our own energy price. While determining the energy price, a price is determined based on the natural gas price. You are burdened with the cost of the most expensive type of energy, and also you finance other sectors, especially at the price of natural gas. Because 40 percent additional price is coming. Both the policy that leaves the price between the electricity energy market clearing price and the price paid to the companies on the consumer's shoulders, and the pricing that leads to sectoral resource transfer in natural gas, do not reflect the difficult conditions we are in. As such, our industry cannot afford it.

“If we don't get support, we can't provide support”

If the economic policy does not support us, we cannot support the economic policy. We say that there is an export-based model, but our exports are declining. If there is such a model, shouldn't it be necessary to take measures to increase exports and reduce imports? There has been serious pressure on the exchange rate lately. In the past, there would be an increase in energy prices, when there was an increase, the share of energy in costs would be very high in the first month. In the following months, the share of energy costs in the total cost in terms of foreign currency remained at one point, as the exchange rates also dropped. Now, the cost of energy costs in foreign currency is an output, it does not go down from the level it has been since the exchange rates are stable.

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