Turkey's Metal Casting Sector Eyes Strategic Rise in US and European Markets

Turkey holds a significant position in global metal casting production, ranking second in Europe and seventh worldwide. TÜDÖKSAD President Oğuzhan Deniz highlighted strategic steps toward the US market and opportunities from anti-China tariffs. Following a visit to the Ministry of Industry and Technology, Deniz noted capacity utilization rates at 50-60% and China’s 30% export advantage, while emphasizing that automation investments could enhance competitiveness. The sector is adapting to environmental regulations through renewable energy projects and carbon footprint reduction, aligning with the EU’s Carbon Border Adjustment Mechanism. Over 200 Chinese delegates will attend the 76th World Foundry Congress in Istanbul this October, signaling growing international collaboration.

■Turkey’s annual 4 million tons of casting capacity showed smaller declines compared to European competitors.

■Indian manufacturers, alongside China, gained market share through pricing advantages in standard products.

■Focus on renewable energy investments and emission reductions positions the sector for future compliance with EU regulations.

■The upcoming congress underscores Turkey’s role in global foundry innovation and trade diversification.

Markets may view Turkey’s casting sector transformation as a catalyst for foreign exchange flows and export financing, particularly amid European supply chain volatility. Automation-driven efficiency gains could reshape credit risk frameworks in banking, while environmental alignment opens pathways for ESG-compliant financial instruments and green bonds.