Stainless Industrialists' and Businessmen's Association (PASİD), which consists of 5 members operating in a sector worth approximately 150 billion dollars in Turkey, announced its new term goals.
STAINLESS STEEL IS NEEDED IN EVERY SECTOR
Stating that stainless steel production is very important for Turkey, Arslan Küçükemre said, “Stainless steel is used in every field you can think of, from kitchen utensils to boat manufacturing, from power plant production to industrial machine parts, from car parts to the aviation and space industry, from building interiors and exteriors to rebars. This puts our industry in a very important position. Stainless steel is needed more in order for our country, which exports approximately 250 billion dollars, to produce more and reach more exports. However, Türkiye meets its entire stainless steel need through imports. An average of 2-2,5 billion dollars of imports are made annually. Imports are around 700-800 thousand tons. As PASİD, we want stainless steel to be produced in our country.” he said.
Emphasizing that Turkey's annual stainless steel need is approaching 1 million tons, Arslan Küçükemre pointed out that the 1 million ton demand required for a production facility has now been reached and said, “A facility with a production capacity of 1 million tons can now be established. However, at this point, private sector investments alone are not sufficient. As a sector, we need serious government support. Because the approximate investment value of a facility with a production capacity of 1 million tons can reach 7-8 billion dollars. This may suddenly seem like a huge investment. Considering that annual imports are 2-2,5 billion dollars, this investment can be made in return for 4-5 years of imports. With such an investment, a very important import item of Turkey can be prevented. "If the state supports and an investment group like TOGG is established, we, as an association, are ready to take responsibility with our companies," he said.
WITH INVESTMENT, THE NATIONALITY RATE INCREASES IN MANY SECTORS
Underlining that stainless steel production is very important for Turkey, Arslan Küçükemre stated that Turkey is working to increase domestic and national production, especially in the defense industry, automotive production and many other sectors, and said, “If we make this investment, we will increase domestic and national production in many sectors. "We can increase domestic production not only in the defense industry or automotive, but also in kitchen production, chemistry, textiles and many other sectors you can think of," he said.