Tolga Kisacikoglu: Flats demand in Turkey may rise by 10-15% in 2021

Thursday, 03 December 2020 17:35:29 (GMT+3)   |   Istanbul
       

Speaking during a panel discussion on the impact of Covid-19 on the flat steel, coated steel and steel pipe segments held on the last day of the 15th SteelOrbis "New Horizons in Steel Markets" annual conference being held virtually on December 1-3, Tolga Kisacikoglu, chairman of Turkey-based Galva Metal, stated that Turkish steel service centers have more advantages regarding flexibility, speed and problem-solving skills compared to steel service centers in the EU. He added that, on the other and, the steel service centers in the EU, which operate in a large economy where capital is abundant, have an advantage in terms of efficiency.

Pointing out that Galva Metal also operates in Romania and Bulgaria, Mr. Kisacikoglu stated that the company has a vision of becoming a local supplier within the EU and that they are working on other alternatives besides these two countries. He stated that exports are increasing as galvanized and coated sheet capacity increases in Turkey, and so Galva Metal is trying to develop its capacity accordingly. Kisacikoglu emphasized that, although the pandemic affects their way of doing business, they are now ahead of last year in all kinds of parameters such as tonnage and turnover. Sharing his predictions for 2021, the Galva Metal chairman said that flat steel demand in Turkey may rise by 10-15 percent compared to this year.


Similar articles

Turkish steel industry’s carbon emissions can be cut by 99% by 2053

19 Mar | Steel News

Veysel Yayan: Turkey’s exports expected to increase in 2024, crude steel output may exceed 40.4 million mt

05 Mar | Steel News

Ayhan Uçar: Scrap will be more valuable during green transition, Turkey may face scrap supply issues

05 Mar | Steel News

Turkish steelmakers remain under strong pressure to export

29 Nov | Steel News

Tayfun Iseri: Market concerned over possible further regionalization

28 Nov | Steel News

IREPAS: Outlook for Q1 2023 unstable and highly unpredictable

15 Dec | Steel News

Steel mills in Turkey reshaping billet imports, bigger problems may be seen in scrap in mid-term

15 Dec | Steel News

Turkey’s steel industry faces declining competitiveness amid higher costs and shrinking exports

15 Dec | Steel News

Barış Çiftçi: Global steel industry on edge of transition process 

30 Nov | Steel News

Veysel Yayan: Burden of energy costs should not be placed on industry

30 Nov | Steel News