A Global Player in Metallurgy Industry; Turkey

A Global Player in Metallurgy Industry; Turkey

By using the domestic resources,Turkish Foundry Industry which has a high production capacity and is the basis of the Turkish manufacturing industry, has the power to meet the demands of numerous industries using casting products through its technical know-how and investments within the course of time from design to the prototype, testing, and the final product. Having an impressive growth, Turkish foundry industry is ranked as the 10th in the world and the 2nd in Europe according to the evaluation of the production capacity and export statistics.

Iron and steel industry which has an important place in rapidly growing world economy, has made Turkey an important player, due to its ever-growing domestic market and developing infrastructure, as well as its geographical position, serving as a bridge between Asia, Europe and the Middle East. According to 2015 statistics, Turkey is the 9th largest producer in the world and the 2nd after Brazil.

As of 2015, in surrounding countries and Turkey, who achieved the most rapid increase in production among the world’s 10 largest steel producers, iron and steel industry showed an impressive growth owing to the strong demand for iron and steel products of industries such as construction, infrastructure and automotive. By increasing its competitive capacity in international market, Turkey has become the center of the investments for the production of valuable products in metallurgical industry.

Showing a yearly increase, non-ferrous metals export of Turkey, which is one of the production centers of the world with its ever evolvement investments in recent years, appears in prominent industries of our country’s total export.