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Turkey to expand steel trade with Nigeria, parleys OPS

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Trade and business relationship between Turkey and Nigeria is set to receive a boost as Turkish steel dealers under the auspices of Turkish Steel Exporters’ Association is making moves to meet with  the Organised Private Sector, OPS, in Nigeria, with a view to growing the steel industry in Nigeria.

To this end, a high-powered Turkish business delegation of about 30 business people and investors in the steel industry have concluded plans to visit Nigeria in early July to hold meetings with top government officials, private sector captains and industrial users of steel in Lagos and Abuja, a statement from the association, made to available to Vanguard said.

The delegation representing 21 leading companies across Turkey and Europe will be led by its board chairman, Mr. Namýk Ekinci.

The visit, according to the statement, is expected to shore up bilateral trade relations between Nigeria and Turkey, expand platforms for fresh strategic partnerships and explore new business and growth opportunities for both nations.

According to the finalized programme, the delegation will arrive Lagos on July 02 and after several meetings, visit Abuja on July 04 and 05, 2012. The Turkish companies represented are offering a wide range of steel products, including HR/CR coils, diamond and tear-drop pattern plates, wire rods, billets, beams, bars, hollow sections, tubes, pipes and other steel products, the association said in the statement.

“Turkey is Europe’s second biggest crude steel producer, and the 7th largest steel exporting country in the world with exports to more than 180 countries. This significant business visit and trade exchange sessions will not only be a great platform for productive dialogue between Nigeria and Turkey. It will also boost the steel sub sector and the Nigeria manufacturing base.

“Turkey has emerged very strongly on the global steel market and its total crude steel production was expected to reach 38 million tons at the end of 2012, with exports for around 18.1 million tons worth US$ 15.4 billion in 2011. Turkish steel has been in several high-profile projects around the world, including the Al Burj tower in Dubai, at 1,050 meters, the world’s tallest building, the Dubai Underground Project; Heathrow Airport terminal extension; Turkey-Greece natural gas pipeline and the Baku-Tbilisi-Ceyhan crude oil pipeline.

“Turkish steel is also used in car manufacturing of Toyota Corolla and Verso, Honda Civic & City, Hyundai Accent & Matrix, Renault Megane & Clio and Fiat Albea, Palio Doblo & Linea,” it statement said.

Steel Exporters’ Association was established in October 2005 with the basic aims of increasing exports and facilitating the business of its 652 member firms. The Association maximizes Turkey’s steel export potential by undertaking studies on harmonization of types, qualities and quantities of exportable products with importing countries’ needs, among others.

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