Tosyali Holding chief executive Fuat Tosyali said the European Union should reassess its steel import quota regime to allow greater access for low-emission, upstream producers, including Turkey and Algeria, arguing this would better support the bloc’s long-term industrial sustainability.
Speaking on the sidelines of the World Economic Forum annual meeting in Davos, Tosyali noted that EU measures designed largely to curb Chinese steel flows are also applied to other producers, potentially constraining supply options aligned with the EU’s decarbonization goals.
He added that recent improvements in Turkey’s economic conditions have increased predictability for businesses, supporting investment decisions across the industrial sector.
Tosyali said the group, Turkey’s largest steel producer and among the world’s top 50, posted record production and exports in 2025 despite widespread global trade restrictions, with further growth expected as new investments come onstream. More broadly, he pointed to structural challenges facing the global steel industry, including persistent overcapacity, supply imbalances and tightening trade and carbon policies.
He added that prioritizing modern, low-emission production routes over carbon-intensive facilities could help advance the EU’s green transition while strengthening the resilience of its steel sector.
Tosyali Holding is a major global steel producer headquartered in Turkey, operating nearly 50 production facilities, including factories, manufacturing sites and joint ventures, across Europe, Asia and Africa. The group’s product portfolio includes long steel, flat steel and pipes.
