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

Tosyalı Holding's 2025 Target: 9 Billion Dollar Revenue

Tosyalı Holding Chairman Fuat Tosyalı shared the company's goals and strategic steps for the year 2025 with the public. Generally commenting on 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, negatively affecting the Turkey market indirectly. He pointed out that the competition from the Far East and the pressures in exports have created challenges in the iron and steel sector.

Significant Increase in Production Capacity

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

Rise with Nearly 50 Facilities

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

New Investments and Product Capacity

After the Kahramanmaraş earthquake, Tosyalı mentioned that they have reached full capacity at the Tosyalı Iron and Steel İskenderun Facility. He stated that new investments have been activated in their Algeria complexes. These investments will enable the supply of 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 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 the last 5 years, more than 6 billion dollars of investment has been realized. A significant portion of these investments has been directed towards sustainability projects. He announced their goal to be among the world's top 20 steel producers within the next 5 years.