Tosyali expects to produce over 13 million tons of steel in 2025

Turkish industrial conglomerate Tosyali Holding predicts that its total turnover in 2025 will approach $9 billion, and steel production will exceed 13 million tons (compared to 9.12 million tons last year). This was announced by the company’s chairman, Fuat Tosyali, in an interview with Anadolu Agency.

He recalled that over the past five years, the company has more than doubled its steel production, becoming the third largest producer in Europe and the leading producer in Turkey.

The company’s strategic investments over the past five years have exceeded $6 billion and have focused on sustainable development and advanced technologies.

Tosyali has an annual steel production capacity of 15 million tons at nearly 50 facilities in Europe, Africa, and Asia, but is actively expanding.

Key projects include the expansion of the plant in Iskenderun (Turkey), new direct reduced iron (DRI) plants in Algeria, and a large integrated complex under construction in Benghazi (Libya). The latter is set to become one of the world’s largest DRI production sites with a total capacity of 8.1 million tons.

The holding’s CEO noted that after acquiring STS, one of Spain’s leading steel pipe manufacturers, the company managed to increase production 12-fold in the first phase thanks to the implementation of efficiency improvement programs.

Tosyali’s strategy focuses on long-term planning, localisation of production and green technologies. In particular, the company is implementing one of Turkey’s largest solar energy projects in Osmaniye for its own consumption to meet almost half of its energy needs.

Fuat Tosyali noted that global steel markets are facing pressure due to geopolitical tensions and changes in trade policy, in particular oversupply from China. He called for a coordinated national strategy to protect Turkish producers in Turkey’s domestic and foreign markets from unfair competition.

The chairman of Tosyali Holding notes that over the next five years, the company aims to become one of the world’s top 20 steel producers, in particular through a balanced approach to growth in Europe, Asia, and Africa. The group will continue to increase the share of exports in its turnover by diversifying its export geography and strengthening its position in existing markets. The company will also continue to invest in research and development, advanced technologies, circular production, and clean energy sources such as solar energy and hydrogen.

It should be noted that in January–October 2025, Turkey increased its steel exports to 16.04 million tons, which is 9.5% more than in the same period of 2024, according to the Steel Exporters Association.