Tugcelik, which has an increasing work power, became a distinguished sector in steel sector. By using modern technology and expert staffs, and providing to the clients the best possibilities. Tugcelik made this a principle for itself. Various flat metal like (plaque, heavy, piques, hot and cold package, carbon steels and various steels are contained in its stocks. In addition to its products, thanks to capacity of high stock and variability, it can send to needing countries like Ukraine, Russian, Romania, and Bulgaria and European communities every year. Firm, also in shipbuilding, heavy machine and manufacturing sector provide materials in quality according to based on project, out of stock. The chairman of TUGCELIK shared his assessments with us related to their firms and sector.
ACTIVITY AREA
For years, TUGCELİK has been working in flat steel sector. We did not think to leave up from this sector and stopping our activities. Rather, we have been researching and investing for flat steel sector. As Tugcelik, we have a lot of different investments in metal sector. Aluminum is one of them in our investments. Its first half has finished and the second half of our investments will be finished in next time. In this field, our production is extensively for important auto firms which are in abroad and for ARÇELİK sector. In addition to it, in 2007 we are planning to an active position by greeting our fleet in seamanship sector.
PRICE FRUCTUATES IN SECTOR
The year 2008 testified price fluctuates in steel sector. There are a few reasons for positive fluctuates. The most important one is to monopolize of global companies by making company marriages. The number of steel producer was very great in the past and a lot of them had naming ‘government goods’ Because of globalization, a lot of factories were transferred to particular groups and conditions monopolized. So that they began to have an important role in controlling price movements. The other factor is to take Chinese and ALSA’ goods. Big takings changed equilibrium of wishing –demanding. Because of boost of raw material and oil, the price of steel increased greatly. Big producers and providers, who take role in this global bazaar, became influence in this price increasing. The financial crisis that is not expected cause a recession for world countries. This recession succeed to low the high prices.
Rather than flat material, the declines in long-lived material became sharper.
The lack of flat steel and investment decisions
For years, there has been lack of flat steel in our country. Productions in internal market cover the internal demands. Therefore, this is solved by importing. As said flat steel, not a product should come to mind. Flat steel products are used in a lot of field like ship building sector, mould sector, and show various features. Recently, we all know that there are decisions about flat steel investments. With carrying out these investments, it is though that there won’t be lack of flat steel. From this point, there is a rumor that the exporters in market will be in a difficult situation. But this new investments based on slab are going. Therefore, it is not possible to produce all the flat productions in our country. Because this new investments will focus on exporting, it confirms our thesis. Therefore, flat steel exporters will keep up to continue their activities. As in everywhere of the world, they will take on completing mission of shorting goods. This situation will increase competition is seen certain. On the other hand, when big establishments are taking these investment decisions, medium firms are continuing the researches, and they are carrying out these projects. Steel firms take on sub-industry’s production and work ships by making value added or are making preparation for taking on.
TUGCELIK is carrying on its investments
As Tugcelik, we are carrying on our investments in steel sector and some sector. For the big investments in steel field, we completed to take a state. We bought an estate (forty thousand square meters) for our firm in IMES OSB. The investment which is made visibility now will begin to work in future. In the scope of this investment, it is planned to provide sale of steel products, storage of steel products, steel services, stocks of needs in sub industry, and they plan to provide these products to firms in the wanted time. We aim to get this investment, which is twenty thousand square meters open and twenty thousand square meters close, to Turk industry. In the next five years, we plan to complete these investments. At the end of five years, we will have invested over 50 million dollars in steel, aluminum and seamanship sectors.
Ambiguity in economic
We can say that Turkey became integrated to global world. Therefore, the economic developments in the world market influence our country. The financial crisis, which begins in USA and bounds to EU countries, has affected our economic condition in the country. Fortunately, because the banking and financial sector are more powerful, as compared to past, we do not have crises. Because the world is in stagnation, there is a recession. I think that this recession will go on some time. The government has to take precautions against this situation. Otherwise, companies which have weak capital cannot live long time. If the time is long, even companies which have powerful capital will be in trouble. Therefore, I think we have to act discreetly.
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