Tosyalı Toyo, a prominent flat steel producer, has commenced trial production to expand its tinplate capacity from 325,000 metric tons to 650,000 metric tons. This significant expansion is part of the company's strategy to bolster Turkey's domestic steel supply and enhance its export capabilities. According to Turkish media reports citing board member Kadir Tosyalı, the facility is expected to be fully operational by the end of the year, marking a substantial milestone for the Turkish steel industry.
The Tosyalı Toyo facility, located in the Osmaniye organized industrial zone, plays a crucial role in Turkey's steel sector, handling approximately 70% of the country's tin exports. With a rolling capacity of 1.2 million metric tons per year, the plant focuses on producing high-value-added flat steel products. These include tinplate, galvanized and painted sheets, cold-rolled sheets, and acid-oiled coils, which are essential for various industrial applications.
Tosyalı Toyo is a joint venture between Turkey's Tosyalı Holding, a leading producer of flat steel and steel pipes, and Japan's Toyo Kohan, a high-tech steel producer known for its advanced manufacturing processes. This collaboration combines Tosyalı Holding's extensive experience in the steel industry with Toyo Kohan's technological expertise, creating a formidable partnership aimed at meeting the growing demand for high-quality steel products.
In addition to expanding its production capacity, Tosyalı Toyo has been proactive in addressing challenges in the global steel market. In June, the company filed an application that led Turkey to initiate an anti-dumping investigation into tin-coated flat steel imports from several countries, including Germany, China, Japan, South Korea, and Serbia. This move underscores Tosyalı Toyo's commitment to protecting the domestic steel industry from unfair trade practices and ensuring a level playing field for Turkish producers.
The expansion project is expected to have a significant impact on Turkey's economy by increasing the availability of domestically produced steel and reducing reliance on imports. It will also enhance Turkey's position as a key player in the global steel market, enabling the country to meet the growing demand for tinplate and other flat steel products in international markets.
Moreover, the increased production capacity will create new employment opportunities and stimulate economic growth in the Osmaniye region. By investing in state-of-the-art technology and infrastructure, Tosyalı Toyo aims to improve operational efficiency and product quality, further strengthening its competitive edge in the steel industry.
As Tosyalı Toyo moves towards full-scale production, the company's expansion efforts reflect a broader trend of growth and innovation within Turkey's steel sector. By leveraging strategic partnerships and investing in cutting-edge technology, Tosyalı Toyo is well-positioned to capitalize on emerging opportunities and drive sustainable growth in the years to come.
