Domestic manufacturers in Turkey set for the production of cast iron for The local metal industry where the sector was previously highly dependent on Now warring Russia and Ukraine.
Turkey was importing 70% of of cast iron from conflicting countries, however, supply chains have been disrupted by the war that began in the aftermath of the Russian War invasion of her neighbour.
Apart from the supply crisis, Azovstal, the largest iron and steel plant in Europe in Ukraine, was also Serious damage during the Russian bombing, causing a rise in the prices.
To prevent another crisis in cast metal, the Turkish Ministry of Industry and Technology has done this already They have taken measures to mobilize local manufacturers, Turkish economic daily Dunya reported on Monday.
The report stated that the Ministry met with Isdemir and Kardemir, the two main factories of He demanded an increase in domestic production of cast iron.
In his remarks to Dünya, the Turkish Casting Manufacturers Association (TÜDÖKSAD) head Omar Denizki expressed, “A possible boycott in the supply of may cast iron cause Metal casting facilities stop and cause Bigger crisis.
Denizi said they contacted the relevant ministry and asked to increase domestic cast iron production.
according to information Obtained from TÜDÖKSAD sources, Ministry of Industry and Technology met with Kardemir and Isdemir in try to increase rate of Cast iron supplies are produced locally.
According to industry officials, cast iron can be produced start in Two to four weeks in the absence of ovens currently They are used by Kardemir and Esdemir. Isdemir and Kardemir monthly production of From 60,000 to 100,000 tons of Cast iron eliminates industry adoption on imports.
Meanwhile, the prices already more in sector, with Cast iron prices jump 30% in just Two weeks. The price of The price of steel molds has risen to $900 per tonand the price of Ductile iron rose from about $900 to $1,150 per ton.
Turkish metal casting industry started research for Alternative suppliers after the outbreak of war out Between Ukraine and Russia – the world’s largest producers of iron, steel and aluminum. Although there are alternatives such as Brazil, South Africa and India on the supply sideIndustry wants to increase local production instead of switch to alternative countries Because of the high logistics costs and difficulty of new Supply agreement operations.
According to Denise of TÜDÖKSAD, Turkey’s needs for cast iron until about 20 years ago were met It is largely produced by Erdemir, Isdemir and Kardemir.
