Company Performance: Revenue, profit margins, debt levels, and growth prospects influence investor confidence.

Industry Trends: Developments in the steel industry, demand shifts, and technological advancements impact the stock.

Economic Conditions: GDP growth, inflation, interest rates, and unemployment affect overall market sentiment and investment decisions.

Market Sentiment: Investor psychology, news cycles, and overall market trends can drive short-term price fluctuations.

Government Policies: Regulations, trade policies, and infrastructure spending plans can significantly affect the steel sector.

Global Events: International trade disputes, geopolitical instability, and global economic shocks influence commodity prices.

Competition: The competitive landscape within the steel industry and the actions of major players impact market share.

Raw Material Costs: Iron ore, coal, and other input prices directly affect production costs and profitability.

Currency Exchange Rates: Fluctuations in the Turkish lira against other currencies impact export competitiveness.

Investor Expectations: Speculation, analyst ratings, and earnings forecasts influence buying and selling pressure.