Strategic planning and long-term vision in the steel industry’s downstream chain can turn tariff pressure into a catalyst for transformation and competitiveness, according to panellists and delegates at the Kallanish Global Flat Steel conference held in Istanbul on 16 October.
“Amid the current environment of higher costs and greater regulatory challenges, the manufacturing sector has the tools for sustained growth, with an export capacity above the global average, a well-structured and diversified market,” observed panellist Colakoglu Metalurji’s chairman, Metin Tayfun.
Delegates speaking on the sidelines of the conference agreed with this. The steel sector, which represents a large part of European industry, has the opportunity to accelerate its transformation through strategic foreign trade management, leveraging technology and market diversification.
“Trade protection and rising input costs present a dual challenge of maintaining export competitiveness while adapting to an increasingly regulated and digital business environment,” a representative from Turkis Borcelik told Kallanish.
Todor Kirkov Bulgaria
