BURSA, Turkey Turkish
steelmakers will increasingly target value-added steel
production as part of a new five-year plan set out by the
Turkish Iron and Steel Producers Association.
The country has expanded rapidly
to become the eighth-largest steel-producing nation in the
world, up from 17th in 2000. But having become the regional hub
for long productsand, to a certain extent, for flat
productsTurkish producers should now focus on "becoming
the production hub for value-added products in iron and steel,"
association chairman Bayram Yusuf Aslan said.
While investment in structural
steels will continue, under the new five-year plan Turkey also
will develop more capacity to make products it currently has to
import, creating a steel industry that can meet all the
countrys domestic needs. This means a push into more
types of flat products, as well as stainless steels, according
to the association.
A version of this article was
first published by AMM sister publication Steel First.