Turkey’s Yapı Tek Steel announced that its expansion into an entirely new line of production services structural steel fabrication. The development required considerable investment in new machinery, staff and facilities.

In addition to a 3,200 square meter enlargement of enclosed production space at its headquarters in Kocaeli, the company also established a 6,000 square meter plant in Bursa and a 1,000 square meter plant in Ankara both focusing exclusively on structural steel fabrication.

Yapı Tek Steel strategic decision to enter into structural steel fabrication is based on sound economic indicators. Prior to the global economic crisis, there was a growing demand for Turkish structural steel year to year from both the domestic and foreign markets. Experts agree that as the recession eases, the successful completion of new construction projects in the Middle East, Europe and North Africa will be heavily reliant on Turkish steel supplies. These markets either have no local steel manufacturing facilities or simply cannot compete with Turkish prices.

Mr Günay Köse president of Yapı Tek Steel said that “This was the right time to create a structural steel fabrication division within Yapı Tek Steel. Our company enjoys a great reputation in the global steel industry thanks to its history as the first and largest forging facility in Turkey. We will leverage this reputation to gain a customer base in the structural steel fabrication sector during the rebound from the current economic recession.”

Yapı Tek Steel has already secured large scale structural steel projects despite being new to the area. The company has confirmed orders for structural steel for international airport terminals, a marina, mines, hydroelectric power plants, a factory building and bridges up to this point.