TR
STEEL
EXPORTERS' ASSOCIATION

STATISTICS

TÜRKİYE’S

EXPORT BY INDUSTRY - 2022

  • Automotive

    35.0Billion USD

    Export Value

    %15.8Share in

    Total Export

  • Chemicals

    30.6Billion USD

    Export Value

    %13.8Share in

    Total Export

  • Apparel

    19.3Billion USD

    Export Value

    %8.7Share in

    Total Export

  • Electronics

    16.2Billion USD

    Export Value

    %7.3Share in

    Total Export

  • Statistics

    Steel

    14.9Billion USD

    Export Value

    %6.7Share in

    Total Export

  • 221.7Billion USD

    Total Export in 2022

TURKISH STEEL INDUSTRY

Today Türkiye has 27 electric arc furnace mill plants (EAF), 11 induction furnace plants and its 3 BOF plants.

In 2023, global output slightly decrease to 1.88 billion tons, down by 0.03% on 2022. In 2022, Türkiye’s output was around 35.1 million tons with a decrease of 12.9% on 2021. In 2023, Türkiye’s output decrease %4.0 on 2022.

In 1996, The European Coal and Steel Community (ECSC) agreement signed between the EU and Türkiye. With signing the agreement, customs duties on bilateral steel trade were abolished. The agreement allows Türkiye to trade its iron and steel products without customs duty with all EU member states. Additionally, the Government does not subsidize Turkish domestic steel industry due to the European Coal and Steel Community (ECSC) agreement.

All steel companies in the country are privately held, and Turkish steelmakers continue to pursue technological developments to enhance the long-term viability of the industry in the global marketplace. The steel industry has become one of the most developed sectors in Türkiye and today counts as the fifth largest contributor to the Turkish economy.

A GROWING INDUSTRY

After 1980, with the implementation of import substitution system, Türkiye has increased her steel export to primarily neighboring countries such as Iran, Iraq and North African countries.

In the next 20 years, Türkiye realized a major production and export boom. While Türkiye was the world’s 10th biggest steel producer in 2001, she has become the 7th biggest producer globally and largest steel producer in Europe in 2020. In fact, she was the third fastest growing steel producer in the world between 2020 and 2021. In 2023, due to shrinking global steel demand, Türkiye’s steel production decreased and declined to 8th biggest producer globally and second largest steel producer in Europe. On the other hand, in 2023 Türkiye has become 5th biggest steel exporter globally thanks to her high quality and competitive steel products.

TÜRKİYE’S

STEEL INDUSTRY - OVERVIEW

1000 Mio Tons 2022 2023 CNG
Production 35,134 33,714 %-4
Consumption 32,522 38,084 %17.1
Export 19,581 14,522 %-25,8
Import 18,044 20,298 %12,5

TURKISH STEEL IN THE WORLD

Turkish steel manufacturers export to all over the world, due to competitive prices and effective marketing strategies. According to 2023 figures, Türkiye’s main export region was the European Union with 4.5 million tons, making 31% of Türkiye’s total steel exports. Middle East was another main export destination of Turkish steel exports with 3.3 million tons with share 22.8% Türkiye’s total export in 2023. The Other European Countries by 14%, while the region was the 3rd largest export market for Turkish steel exporters in 2023 with approximately 2 million tons. In addition, North Africa region had 10.9% share with 1.6 million tons and Latin America region had 7% share with 1 million tons in Türkiye’s total steel export.

SHAPE THE WORLD WITH

TURKISH STEEL