Turkey Metals Report Q2 2012
The Turkish steel industry is being supported by a dynamic economy that made it
one of the fastestgrowing in the world in 2011, according to BMI’s latest
Turkey Metals Report. Turkish crude steel output totalled 34.1mn tonnes (mnt)
in 2011, an increase of 17.6% y-o-y. The Russian-owned MMK Atakas’ cold rolling
facility with a 1.2mn tonnes per annum (tpa) continuous pickling line,
750,000tpa reversing mill, 450,000tpa hot dip galvanising unit and 200,000tpa
colour coating line reached full capacity by end-2011, providing a major boost
to output throughout the year.
Consumption has been buoyant, but BMI expects a moderation. In 2011 Turkish steel consumption rose 14.1% y-o-y to 26.9mnt, of which 51% consisted of long steel products used mainly by the construction sector while 49% was accounted for by flat steel products used by the automotive, domestic appliance and machinery sectors. Turkey's long steel products consumption in 2011 increased by 17.7% y-o-y to 13.73mnt while the country's flat steel consumption grew by 10.6% y-o-y to 13.2mnt.
Due to the increases in capacity
utilisation and product range, Turkish crude steel production is expected to
rise further and exceed 37.1mnt in 2012, increasing by at least 9% y-o-y. Crude
steel production is forecast to reach around 51mnt in 2016, a rise of 50% on
2011. BMI forecasts 7.8% growth in finished steel consumption in 2012, with
consumption set to reach roughly 40mnt by 2016, an increase of nearly 50% over
2011 levels. The key risks will come from Turkey’s exposure to European
markets, not just in terms of steel exports but also finished products.
In the aluminium sector, the country’s sole 60,000tpa Seydisehir smelter – which has been operating at maximum capacity over the past five years – is unable to fulfil all the country’s aluminium requirements. Smelters will also face increased competition from re-melters.
Published : April 2012 No. of Pages : 38 Price:US$1175
Table Of contents
Executive
Summary
SWOT Analysis
Turkey Political SWOT
Turkey Economic SWOT
Turkey Business Environment SWOT
Global Overview
Steel Market
Table: BMI's Steel Forecasts
Table: Steel Products And Inputs – Price Data
Commodities Forecast
Gold
Copper
Aluminium
Lead
Nickel
Tin
Zinc
Europe Metals Overview
Forecast Scenario
Steel Forecast
Table: Turkey’s Steel Industry, 2009-2016 (’000 tonnes, unless otherwise stated)
Aluminium Forecast
Table: Turkey’s Primary Aluminium Industry (mn tonnes, unless otherwise stated)
Macroeconomic Forecast
Table: Turkey – Long-Term Macroeconomic Forecasts, 2014-2021
Competitive Landscape
Steel
Table: Turkey’s Steel Mills
Aluminium
Company Profiles
Erdemir
Kardemir
Country Snapshot: Turkey Demographic Data
Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Consumer Expenditure, 2000-2012 (US$)
BMI Methodology
How We Generate Our Industry Forecasts
Cross Checks
SWOT Analysis
Turkey Political SWOT
Turkey Economic SWOT
Turkey Business Environment SWOT
Global Overview
Steel Market
Table: BMI's Steel Forecasts
Table: Steel Products And Inputs – Price Data
Commodities Forecast
Gold
Copper
Aluminium
Lead
Nickel
Tin
Zinc
Europe Metals Overview
Forecast Scenario
Steel Forecast
Table: Turkey’s Steel Industry, 2009-2016 (’000 tonnes, unless otherwise stated)
Aluminium Forecast
Table: Turkey’s Primary Aluminium Industry (mn tonnes, unless otherwise stated)
Macroeconomic Forecast
Table: Turkey – Long-Term Macroeconomic Forecasts, 2014-2021
Competitive Landscape
Steel
Table: Turkey’s Steel Mills
Aluminium
Company Profiles
Erdemir
Kardemir
Country Snapshot: Turkey Demographic Data
Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Consumer Expenditure, 2000-2012 (US$)
BMI Methodology
How We Generate Our Industry Forecasts
Cross Checks
other reports on chemicals @ http://www.marketreportsonline.com/cat/chemicals-market-research.html
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