Turkey’s Tosyalı and China’s Baowu Steel strengthen strategic cooperation

Thursday, 25 May 2023 11:56:37 (GMT+3)   |   Istanbul

Fuat Tosyalı, chairman of the executive board of Turkish steel producer Tosyalı Holding, has met with Chen Derong, chairman of Chinese steel producer Baowu Steel Group, in line with Tosyalı’s stable and sustainable growth strategy, with the two sides agreeing to strengthen the strategic cooperation between the companies.

With the cooperation, Tosyalı plans to increase its investments, especially in green steel. Currently, Tosyalı Holding is continuing its investments in Algeria, Angola and Senegal.

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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