Regarding recent media reports about certain incentives to be implemented by the Turkish government for various domestic industries including iron and steel, mining, machinery and motor land vehicles to invigorate the economy and reduce the current account deficit and regional disparities,
Turkey's Steel Exporters' Association (CIB) chairman Namik Ekinci has told SteelOrbis that the incentives in question are not focused on exports.
Mr. Ekinci stated that the incentive project is rather a study to increase the usability of raw material sources and support investments to be made to prevent waste, adding that the details have not been finalized yet and the studies are still in progress.