Article

Tosyali Holding anticipates steel production will exceed 13 million metric tons in 2025, a 42.5% increase from 2024's 9.12 million metric tons. The projected turnover is $9 billion. The company, the third-largest steel producer in Europe and Turkey's leading producer, has invested over $6 billion in capacity expansion, sustainable development, and technology upgrades. Key projects include the Iskenderun expansion in Turkey, direct reduced iron facilities in Algeria, and a major complex in Benghazi, Libya, despite associated political and operational risks.