PUBLICATION
Turkey Steel 2007 STI Release
By the close of 2007, Turkey sits comfortably as the 11th largest steel-producing nation in the world (it ranked 17th in 2000), and its industry continues to grow fast. In 2006, among the top 15 steel producers, only China and India experienced higher growth rates. The reasons for this success are diverse and related to both internal and external factors. To start with, steel prices have recently reached historical highs globally, pushing up the revenues of steel companies. In Turkey, the ranking of the top industrial enterprises according to their production-based sales illustrates this development: in the list for 2006, made public in summer 2007 by the Istanbul Chamber of Industry, there were 21 steel companies in the top 100. Of these, two in three rank better than they did the year before.
RELATED INTERVIEWS MORE INTERVIEWS
RELATED ARTICLES MORE ARTICLES
A Vote of Confidence in Mexico
Mexico’s Automotive Industry: Key Drivers Driven by Driving
RECENT PUBLICATIONS
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.
MORE PREVIOUSLY PUBLISHED
MACIG
SUBSCRIBE TO OUR NEWSLETTER
- Get GBR content delivered to your inbox
- Receive industry based news
- Completely free, e-mail only
