9,312.13 TRY BIST 100 BIST 100
38.20 USD USD USD
5.25 CNY CNY CNY
43.91 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.74 TRY Interest Interest
66.21 USD Fossil Oil Fossil Oil
41.10 USD Silver Silver
488.00 USD Copper Copper
100.29 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,091.06 TRY Gold (gr) Gold (gr)

Minister Kacır, We are working hard to protect domestic production against dumping

Minister of Industry and Technology Mehmet Fatih Kacır opened ANKIROS 16th International Iron-Steel, Casting, Non-Ferrous Metallurgy Technologies, Machinery and Products Specialized Fair. Stating that they find it extremely valuable that the iron and steel and casting sectors of our country and more than one thousand 100 domestic and foreign exhibitors meet under the same roof, Kacır noted the following:

Minister Kacır, We are working hard to protect domestic production against dumping

Strong Industry Strong Türkiye

Our metal industry, which supplies inputs to a wide range of sectors from automotive to construction, chemistry to machinery production, energy to rail systems, is among the sectors that embrace and symbolize our vision of “strong industry, strong Türkiye" at the highest level.

Iron and steel production increased by 14.9 percent

Minister of Industry and Technology Mehmet Fatih Kacır stated that the Turkish iron and steel industry, which has an annual production capacity of 60 million tons, has an important position in the world with its production capacity, production quantity and product quality, and added: “We are the 2nd largest steel producer in Europe and the 8th largest steel producer in the world. In the first 7 months of this year, when world crude steel production decreased by 0.7 percent, we recorded a 14.9 percent increase in production.”

We are working hard to protect domestic production against dumping

We take into account the statements made by sector representatives. I can tell the sector representatives who expressed their expectations regarding the protection of domestic production against dumping that we are working very closely and closely with the Ministry of Trade and all our stakeholders on this issue. We will never leave any of our sectors alone, especially our main industrial sectors. We will bring the iron and steel industry, one of Türkiye's locomotive industries, to the value it deserves in the world.

We have prepared our low carbon road map

“Policies to combat climate change are gaining momentum around the world. The link between climate change and industrial and technology policies is getting stronger. We have prepared low-carbon road maps for the aluminum, steel and fertilizer sectors that provide basic inputs to locomotive sectors in the first stages of production chains.

We are addressing the investment needs of our sectors that will be heavily affected by the carbon regulation at the border, and we are putting in place mechanisms that meet the needs of green transformation.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Qatar Chamber and German delegation strengthen economic cooperation

Thursday, April 24, 2025

Mining partnership between Algeria and China

Thursday, April 24, 2025

Europe in the Process of Green Transformation: Is the Steel Industry Ready for Carbon Adjustment at the Border? 

Thursday, April 24, 2025

İÇDAŞ signs tugboat agreement with maritime company Damen

Thursday, April 24, 2025

Canada launches AD investigation into steel imports from 10 countries, including Türkiye

Thursday, April 24, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now