Tosyalı Holding aims for approximately 9 billion dollars in revenue by 2025.

Tosyalı Holding's 2025 Target: 9 Billion Dollars in Revenue

Tosyalı Holding Chairman Fuat Tosyalı shared the company's targets and strategic steps for the year 2025 with the public. Generally evaluating the global economy and geopolitical developments, Tosyalı stated that they expect the company's revenue to reach approximately 9 billion dollars by 2025.

Uncertainties in International Trade

Tosyalı noted that the economic fluctuations this year have led to many uncertainties, which indirectly affected the Turkey market negatively. He pointed out that competition from the Far East and pressures in exports have created challenges in the iron and steel sector.

Significant Increase in Production Capacity

Tosyalı recalled that they closed the last year with a revenue of 7 billion dollars, adding that while the total production capacity for 2024 is 9.12 million tons, they aim to exceed 13 million tons by the end of 2025.

Growth with Nearly 50 Facilities

Tosyalı stated that they have reached an annual liquid steel production capacity of 15 million tons at nearly 50 facilities worldwide. He emphasized that sustainability and advanced technology investments play a critical role in their future goals.

New Investments and Product Capacity

Stating that they have reached full capacity at the Tosyalı Iron and Steel İskenderun Facility, which opened after the Kahramanmaraş earthquake, Tosyalı mentioned that new investments in their Algeria complexes have been initiated. These investments will enable them to supply more products to the white goods and automotive sectors.

Production Increase After Acquisition in Spain

Tosyalı emphasized that they have managed to increase their production 12 times with the acquisition of STS in Spain. They plan to take significant steps in global green steel production with the world's largest DRI plants to be established in Libya.

Investments and Future Goals

Tosyalı stated that over the last 5 years, more than 6 billion dollars in investments have been made. A significant portion of these investments has been directed towards sustainability projects. He announced that they aim to be one of the top 20 steel producers in the world within the next 5 years.