At a recent industry meeting in Kocaeli, Turkey, market participants expressed cautious optimism about the coming period for the steel sector.
Despite challenges such as high interest rates and rising global protectionist measures, experts believe there are still significant opportunities for growth. Turkish steelmakers are encouraged to focus on export diversification, exploring new markets outside of traditional European destinations.
Speakers also highlighted the importance of innovation and cost-efficiency in staying competitive during turbulent economic times. While the environment remains tough, many companies are adapting through digital transformation and value-added steel products, which could strengthen Turkey’s position in the global supply chain.
VietnamSteel by Hoa Sen Group
