Article

Tosyali Holding forecasts a steel production increase to over 13 million metric tons in 2025, a 42.5% rise from 9.12 million metric tons in 2024, with an anticipated turnover of $9 billion. This positions Tosyali as Europe's third-largest steel producer.

The company has invested over $6 billion over the past five years into capacity expansion and technology upgrades across nearly 50 facilities in Europe, Africa, and Asia. Major projects include expanding the Iskenderun plant in Turkey, building direct reduced iron facilities in Algeria, and constructing an 8.1 million metric ton complex in Benghazi, Libya, which presents significant strategic and operational challenges.