The EU should abolish steel quotas for countries with environmentally sustainable production – Fuat Tosyalı

Fuat Tosyali, chairman of the board of Turkish Tosyali Holding, called on the European Union to abolish steel import quotas for countries with environmentally sustainable production, such as Turkey and Algeria. He made this statement on the sidelines of the World Economic Forum in Davos, according to Daily Sabah.

Tosyalı believes that the EU should allow access to low-emission producers to ensure long-term sustainability for its own processing sectors and promote the green transition. He added that although the bloc’s measures are mainly aimed at China, they also apply to Turkey, «undermining the future of the EU’s steel industry.»

Tosyalı Holding is currently the largest steel producer in Turkey and one of the world’s 50 leading steel companies.

«Despite restrictive import measures around the world last year, we still broke records in production and exports in 2025. This growth will continue in the near future, and thanks to the investments made, we will see our company in the top 30 and top 20,» said the chairman of the board of Tosyalı Holding.

The global steel industry has been undergoing constant structural transformation over the past five years, Fuat Tosyalı reminded. China accounts for about half of global steel production, which continues to deepen imbalances in the sector.

«This imbalance is rooted in chronic overcapacity, oversupply driven by China and supported by subsidies, weakening global demand, and increasingly restrictive trade and carbon policies,» he noted.

Fuat Tosyali also expressed the view that the steel industry is one of the main contributors to global warming, so governments should not support companies that operate with outdated, high-emission technologies.

Earlier, the chairman of the board of Tosyalı Holding noted that Turkey should make its mark in the production of green steel. Currently, the country’s steel sector is implementing investments and a “green” transition using its own resources.