The construction sector has always stood out as a critical industry due to its economic size and contribution to employment. As we enter 2025, the steel market continues to play a vital role for the sector, with global and local economic developments having a significant impact on construction steel prices and demand.
Impact of Global and Local Economic Developments on Steel Prices
In 2025, inflation and interest rate policies in the global economy are expected to directly affect steel prices. The interest rate decisions of the Federal Reserve and the European Central Bank will be decisive for steel demand, while the trend in China’s industrial production will also shape prices. Locally, investments in large construction projects and urban transformation efforts by the Turkish economy will impact steel prices. Additionally, exchange rate fluctuations, as well as the import and export balance, will play a critical role in determining prices.
How Will Construction Steel Demand Shape in 2025?
In 2025, construction steel demand will be shaped by demands from various sectors such as housing, infrastructure, and industrial projects. Urban transformation projects and the rebuilding process in earthquake-affected regions will be key factors driving the demand for construction steel. Additionally, green building practices and the use of sustainable materials may diversify steel demand.
Contribution of Large Construction Projects in Turkey to the Sector
Turkey is a key market supporting the construction sector with its mega projects. Ongoing and planned large projects for 2025 include:
- Kanal Istanbul Project
- Airports and logistics centers
- Railway and metro projects
- Rebuilding projects in earthquake zones
These projects will drive steel demand and create activity in the sector.
Proemtia’s Advantages and Steel Prices
Proemtia stands out with the advantages it offers to the construction sector. The platform provides access to current steel prices, protecting companies from price fluctuations and offering cost advantages. Through new supply chain management models brought about by digitalization, construction materials are being sourced more efficiently.
