Feb 21 2011
Research and Markets has announced the addition of the "Turkey Metals Report Q1 2011" report to their offering.
Business Monitor International's Turkey Metals Report provides industry professionals and strategists, corporate analysts, metals associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Turkey's metals industry.
Expansion of flat steel production capacity led growth in the Turkish steel industry in 2010, with output largely devoted to consumption by domestic industries. However, the sector will require export-led growth over the medium-term to justify the new plants coming online, according to this latest Turkey Metals Report from BMI.
We estimate that Turkish crude steel production will total 29.3mn tonnes in 2010, an increase of 15.6% year-on-year (y-o-y), maintaining its position as the world's ninth largest steelmaking nation as a result of new capacity and revival in domestic and external markets. Nevertheless, actual capacity utilisation rates remain below pre-crisis levels. Flat steel output grew by around 40%, leading the recovery in the steel industry. The proportion of crude steel capacity devoted to flat steel rose from 18% in 2009 to 24% in 2010. Growth in the industry is being spurred on by growth in the domestic market, with consumption of finished steel up by around 20% to 19.75mn tonnes. Domestic consumption of flat steel grew 60%, assisted by growth in key consuming industries such as the automotive sector. This growth rate is partly due to base effects but is also due to real growth in the Turkish economy. Turkey is expected to be self-sufficient in flat steel, structural steels and specialty steels by 2015.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Turkey Political SWOT
- Commodities Forecast
- Aluminium
- Macroeconomic Forecasts
- Competitive Landscape
- Steel
- Company Profiles
- Global Assumptions Q1 2011
- Country Snapshot: Turkey Demographic Data
- Methodology
- How We Generate Our Industry Forecasts
Companies Mentioned: