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Turkish steel exporters to visit Tanzania next week

Time:Wed, 12 Sep 2012 22:10:15 +0800

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A high powered delegation of Turkish steel exporters is expected to visit Tanzania mid this month for talks with government officials and the private sector including commercial importers and industrial users of steel on ways to develop or consolidate possible business partnerships.

Tanzania has seen its construction industry growing at an average rate of 10.2%. A delegation comprising 22 Turkish steel manufacturers and exporters is set to arrive on September 19th 2012 led by Mr Namik Ekinci chairman of Turkish Steel Exporters Association.

Mr Ekinci said that it will hold meetings in Dar es Salaam with senior officials of key ministries whose jurisdiction touches on steel as well as members of the private sector dealing in steel. We are here to make contact with relevant government departments and private sector players who deal in steel. Tanzania has a very vibrant construction sector and we see this as a great partnership opportunity.

Tanzania has 21 steel industries producing some 200,000 tonnes of per year. The industry utilizes scrap metal from factories and is at times forced to import scrap metal from neighboring countries to meet demand.

Recent reports show that between 2007 and this year the demand of billets by the steel manufacturing industries has been between 600,000 tonnes and 700,000 tonnes equal to the smelting of 750,000 tonnes and 910,000 tonnes of scrap metal each year.

The Turkish companies represented offered a wide range of flat and long steel products to Tanzanian buyers including HR and CR coils, diamond and tear drop pattern plates wire rods, billets, beams, bars, hollow sections, tubes, pipes and other steel products.

Turkey has emerged very strongly in the global steel market and is today the second largest crude steel producer in Europe and the tenth largest in the world. Its total crude steel production was expected to reach 38 million tonnes at the end of this year with exports or around 18.1 million tonnes worth USD 15.4 billion last year.

 
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