Turkish company becomes Europe’s second fastest growing steel producer

According to the data announced by the World Steel Association, Tosyalı Holding increased its crude steel production by 10.49 percent in 2020 compared to the previous year, while being the second fastest growing crude steel producer in Europe, and jumping two steps to the 82nd place in the world ranking.

Tosyalı Holding, one of Turkey’s and the world’s leading iron and steel producers, continues to write new success stories with its 30 facilities and nearly 10,000 employees in 3 different continents.

With its knowledge, steps taken in the field of sustainability, R&D power, technological competence, Industry 4.0 applications, strong capital structure and innovative investments, Tosyalı Holding continues to climb to the top steps in world steel production with firm steps.
According to the 2020 world crude steel production figures announced by the World Steel Association in a special publication every year, Tosyalı Holding increased its crude steel production from 3.91 million tons in 2019 to 4.32 million tons in 2020 with an increase of 10.49 percent, It moved from 84th to 82nd place. Despite the pandemic conditions, Tosyalı Holding has also become the second fastest growing steel producer in Europe.

Fuat Tosyalı, Chairman of the Board of Directors of Tosyalı Holding, stated that although 2020 was a difficult year not only in Turkey but all over the world, they never stopped their investments; “Tough times like these also contain opportunities if you’re prepared.

As Tosyalı Holding, we have benefited greatly from our investments focused on technology, innovation and sustainability in this period of global problems in supply chains. In this way, we quickly responded to the increasing demand for quality steel both in our country and all over the world, especially in Europe.

We have never stopped our investments that have brought us to this point. As Tosyalı Holding, we will increase our total production much higher when our ongoing 4th phase investments in Iskenderun 2nd Organized Industrial Zone (OSB) and Algeria are completed. I believe that with these investments, all of which focus on value-added steel production, we will carry our place in the world rankings even higher.”

The secret of success is in innovative investments

Continuing its investments in Senegal and Angola after Montenegro and Algeria in international markets, Tosyalı Holding sees Africa as one of the most important investment regions.

Tosyalı Algerie, the country’s largest industrial establishment in Algeria apart from hydrocarbon-based production, stands out as one of the largest technological steel investments on a global scale.

With the world’s largest DRI production facilities with an annual capacity of 2.5 million tons, Tosyalı Algerie, which has the world’s largest arc furnace working with DRI, broke the world record by reaching a production figure of 2.23 million tons in 2020.

Tosyalı will use EAF Quantum technology, a first in Turkey, in the Iskenderun Sarıseki Plant investment, where innovation and digital transformation will be integrated into the entire production process. This facility, when put into operation, will produce 4 million tons of flat steel annually and replace Turkey’s annual imports of 4 billion dollars.

Tosyalı Holding is closely followed all over the world with its ability to do business globally, not only by the iron and steel industry, but also by innovative industrial companies in different fields, with its foreign partnerships, capital, technology and human resources power that it carries out transparently and successfully, as well as its ability to do business locally and globally. is followed closely all over the world.

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