Turkish Steel Producers Double Their Share in Europe with Energy Investments

The rise of carbon-neutral production requirements in the European Union in recent years is driving the Turkish steel sector to transform with strategic investments. The sector, which has increased its share of the European market from 5 percent to 12 percent in the last 10 years, is further enhancing its competitiveness thanks to solar energy investments . With a production capacity of 60 million tons, more than half of the sector's production is now in solar power plant (SPP) investments. The 14 projects with completed environmental approvals so far have reached a total capacity of 1,171 MW, while ongoing projects are expected to increase the sector's total installed SPP capacity to 1,500 MW. With the introduction of the Border Carbon Adjustment Mechanism (BCM), the European Union's carbon tax system, energy costs and carbon intensity have become key factors in production competitiveness. With this transformation, Turkish steel producers are further reducing their carbon footprint and strengthening their position in Europe. The 19th EIF Energy Transformation Fair, which has become a key platform for Turkish industry in this transformation process, will offer a significant opportunity for iron and steel producers to expand their clean energy investments at the Istanbul Expo Center from October 8–10, 2025.

EIF, Turkey's and the region's largest energy fair, will open doors to new collaborations and investments not only in the energy sector but also in sectors that grow in integration with it, such as iron and steel, automotive, finance, and infrastructure . EIF 2025, which will host energy professionals from dozens of countries, including Germany, Spain, the Netherlands, Denmark, Switzerland, Italy, France, the UK, China, Russia, and the United Arab Emirates, is once again attracting significant global interest.

Murat Dilek, President of the Global Energy Association and Chairman of the EIF Executive Board, said, “At a time when the European Union is prioritizing carbon-neutral production requirements, the steps taken by Turkish industry, particularly in the steel sector, are of utmost strategic importance. Our steel sector, which is steadily increasing its share in the European market, is making its production processes both environmentally friendly and competitive through solar energy investments. This transformation is critical not only for today but also for establishing the industrial infrastructure of the future. As EIF, we are at the very center of this transformation. We are shaping Turkey's energy future across a wide spectrum, from solar and wind energy to carbon markets, hydrogen technologies to green finance. EIF is not just an exhibition; it is a platform where industrialists, investors, and decision-makers meet at the same table, fostering concrete collaborations. At the EIF Energy Congress and Fair, which we will organize in Istanbul in 2025, we will further highlight the steps taken by our industrialists towards carbon-neutral production targets. Especially with regulations like the SKDM, the cleanliness and cost-effectiveness of energy resources are now key elements of competitiveness. We will continue to do our part to ensure Turkish industry turns this process into an opportunity.” He used the expressions.

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