Home > Steel News > Latest Steel News > Europe’s...

Europe’s crisis provides opportunities for Turkish white goods industry

Friday, 18 November 2011 17:42:38 (GMT+3)   |  

Speaking at the 6th SteelOrbis Turkish Steel Market Conference, held in Istanbul on November 18, Hasan Danişment, vice-president of the Turkish White Goods Suppliers Association (BEYSAD), said the contraction in European white goods production since the financial crisis in 2008 has provided opportunities for the Turkish white goods sector, which has increased its production destined for the European market.

Mr. Danişment said the prospects for the year 2012 are positive, following the good results anticipated for 2011.

Finally, Mr. Danişment stated that the Turkish white goods industry is ahead of Europe in terms of innovation skills, and ‘Made in Turkey' has become a well-established mark of high quality in the world markets.


Similar articles

Net profit declines at Vale in 2025

13 Feb | Steel News

US rebar imports down 51.5 percent in November 2025

13 Feb | Steel News

US hot rolled bar exports down 21.2 percent in November 2025

13 Feb | Steel News

Brazil experienced a decline in automotive production during January

13 Feb | Steel News

US domestic long steel prices steady as scrap settles higher; mill price increase may wait 

13 Feb | Longs and Billet

US import long steel pricing mostly steady; uncertainty, limited demand stalls trade

12 Feb | Longs and Billet

Exports of wire rod from Brazil increase in January

12 Feb | Steel News

Turkish flats spot market stable but weak demand raises sustainability concerns

12 Feb | Flats and Slab

Romanian longs prices stable despite weak and unsupportive demand

12 Feb | Longs and Billet

US rescinding AD order on wire rod from Ukraine

12 Feb | Steel News