The number of persons employed in the iron and steel industry in Turkey stood at 135 thousand units in 2023. This is the same as in 2022, indicating no growth year-on-year. Over the past decade, there have been fluctuations, with notable increases in 2018 and a peak growth of 7.09%. The recent past shows a modest upward trend with employment figures reaching 137 thousand units in 2026 and a forecasted 139 thousand units in 2028, leading to a 5-year CAGR of 0.44%.
Future trends to watch for:
- Potential impact of industrial automation on employment levels
- Market demand and global economic conditions affecting the steel industry
- Government policies and incentives for industry growth
- Technological advancements and their adoption across the industry
Latest reports
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