Page 48 - ITAtube Journal 1 2023

24 - 27 Mai 2023 Istanbul
Türkiye is considered an emerging market economy and is a member of the G-20 group of strong economies. The country has a diverse and growing economy, with major industries including agriculture, man- ufacturing, and services.
The steel industry is a significant con- tributor to Türkiye‘s economy. Türkiye is one of the world‘s largest steel producers and exporters, with a total production
of around 30 million tons in 2019. The country has a well-developed iron and steel industry, with a strong presence in the production of flat steel products, long steel products, and semi-finished products. The steel industry in Türkiye has undergone above-average growth and modernization in recent years, with significant investments in new technologies and equipment.
The steel industry in Türkiye has been supported by government policies aimed at promoting domestic production and exports.
In terms of export, Türkiye is an important steel supplier to many countries, including European Union, Middle East, and Africa. Türkiye‘s steel exports are mostly flat steel products, long steel products, and semi-fin- ished products. The country‘s main export markets are Germany, Italy, Spain, the United States, and the United Kingdom.
The wire, cable, and tube industries are important segments of Türkiye‘s manufac- turing sector. The wire and cable industry
in Türkiye is well-developed and includes
a wide range of products, such as electri- cal cables, power cables, data cables, and telecom cables. The industry is supported by a strong domestic market and a signif- icant export market, with exports mainly going to European Union countries, Middle East, and Africa.
The tube industry includes a wide range of products, such as steel pipes, seamless pipes, and welded pipes. The industry is mainly focused on serving the domestic market, but it also has a significant export market, mainly to European Union coun- tries, Middle East, and Africa.
These industries in Türkiye are facing some challenges, such as increasing competition from other countries, the volatility of global prices, and the uncertainty caused by the COVID-19 pandemic. However, these indus- tries are expected to continue to be impor- tant contributors to Türkiye‘s economy in the future.
The government has implemented policies to support the wire, cable and tube indus- tries, such as investment incentives, and they are considered as strategic sectors for the country‘s economy. Türkiye‘s wire, cable and tube industries are expected to grow in the future, driven by factors such as infrastructure development, increasing demand for energy, and the growing need for communication and transportation infrastructure.
Preview
Tube Eurasia 2023
wire Eurasia and Tube Eurasia will take place as a special area within Tube & Steel Istanbul / Wire Tech
Press contact Tube Eurasia 2023:
Ms. Sarah Liehsem
Tel: +49 211 45 60 7760
Email: LiehsemS@messe-duesseldorf.de
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ITAtube Journal May 2023