14,311.19 TRY BIST 100 BIST 100
6.63 CNY CNY CNY
52.67 EUR EUR EUR
45.05 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
700.00 TRY Interest Interest
123.44 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
104.98 USD Silver Silver
107.86 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,633.14 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Nikunji Turakhi "Investment Plans for the Steel Industry in 2023 will not be Constructive"

Participating in the Global Steel Summit panel, Argus Media Editor Katya Ourakova asked Nikunji Turakhia, President of Sufi Steel, important questions about the current situation in the steel industry.

Nikunji Turakhi "Investment Plans for the Steel Industry in 2023 will not be Constructive"

In response to Ourakova's question about the 70-73% capacity of Türkiye and Europe and the process of solving demand problems, Nikunji Turakhia, President of the Federation of Steel Users of India, provided an overview of the Indian steel sector for 2023. Turakhia said that the diversion of investments into production, production plans and focus on energy development are affecting demand and supply ratios.

To Ourakova's question "Will these plans be constructive?" Turakhia's answer "No" highlights the challenges and uncertainties in the industry. The head of Sufi Steel pointed out that future plans may not be constructive, pointing to the problems facing the industry.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EGE ÇELİK strengthens international partnerships at Tube & Wire 2026

Friday, April 24, 2026

Tosyalı stands out with strong presence at Tube & Wire Fair

Friday, April 24, 2026

Yıldız Demir Çelik demonstrated its global expertise in Düsseldorf

Friday, April 24, 2026

Kardemir strengthened its global position at the Wire & Tube 2026 fair

Tuesday, April 21, 2026

Wire & Tube Düsseldorf 2026 brings together the global wire and tube industry

Tuesday, April 21, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now