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

Tosyalı Holding's 2025 Goal: 9 Billion Dollar Revenue

Tosyalı Holding Chairman Fuat Tosyalı shared the company's goals and strategic steps for 2025 with the public. He generally evaluated the global economy and geopolitical developments, stating that he expects the company's revenue to reach approximately 9 billion dollars by 2025.

Uncertainties in International Trade

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

Significant Increase in Production Capacity

Recalling that they closed the previous year with a 7 billion dollar revenue, Tosyalı added 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 in nearly 50 facilities worldwide. He emphasized that investments in sustainability and advanced technology 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 was opened after the Kahramanmaraş earthquake, Tosyalı expressed that new investments in Algeria complexes have been implemented. These investments will enable more product supply to the white goods and automotive sectors.

Production Increase After Acquisition in Spain

Tosyalı emphasized that they have managed to increase their production by 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 6 billion dollars have been invested in the last 5 years. A significant portion of these investments has been directed towards sustainability projects. He announced their goal to become one of the top 20 steel producers in the world within the next 5 years.