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Erdemir
Turkish steel producer
Turkish steel producer
| Field | Value |
|---|---|
| name | Ereğli Demir ve Çelik Fabrikaları T.A.Ş. |
| type | Anonim Şirket |
| logo | Erdemir_Logo.svg |
| logo_size | 200px |
| image | Erdemir Demir.jpg |
| image_size | 250px |
| traded_as | |
| image_caption | Steel works of Erdemir |
| foundation | |
| industry | Steel Manufacturing |
| location | Zonguldak, Turkey |
| products | Plates, hot and cold rolled sheet and tinplate |
| revenue | US$6.242 billion (2023) |
| operating_income | US$0.562 billion (2023) |
| net_income | US$0.388 billion |
| assets | US$11.910 billion (2024) |
| equity | US$6.852 billion (2024) |
| owner | OYAK |
| num_employees | 12.487 (2023) |
| homepage | [www.erdemir.com.tr](http://www.erdemir.com.tr) |
the steel producer
(Q3 - 2024) Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (Ereğli Iron and Steel Factories) is a Turkish steel producer. Erdemir occupies the 43rd place among the largest steel companies in the world and is also involved in coal in Turkey.
History
Erdemir, which began production in 1965, has a production capacity of 8.5 million tons/year of crude steel (2020 value). It is the largest iron and steel company in Turkey and was the only flat steel producer till January 2009. It produces plates, hot and cold-rolled sheet and tinplate.
Its main plant is located on an area of approximately 4 km2 at Karadeniz Eregli, Zonguldak on the shore of the Black Sea. Erdemir operates a large seaport, the Port of Erdemir, to import and export materials.
Erdemir has Port of Erdemir also acquired the steel plant at İskenderun, Hatay Province in southern Turkey.
Turkish Armed Forces Pension Fund (OYAK) acquired a 49.29% stake in Erdemir on 4 October 2005 for $2.77 billion in a televised auction, in which it outbid several major steel companies. The fund acquired 46.12% from the Turkish Privatization Board (OIB) and it was also obliged to purchase an additional 3.17% stake from a Turkish bank.
Pollution
Erdemir burns coal in Turkey. As an integrated steelworks, emissions are higher than steel produced at electric arc furnaces. Climate Trace estimates the plant emitted almost 5 million tonnes of carbon dioxide in 2022, more greenhouse gas than any other steelmaker in the country except İsdemir. However the company says they are moving towards net zero emissions.
List of 50 Projects
The Turkish chamber of Civil engineers lists Erdemir as one of the fifty civil engineering feats in Turkey, a list of remarkable engineering projects realized after the declaration of the Turkish republic.
References
References
- [https://www.oyakmadenmetalurji.com.tr/Sites/1/upload/files/2023_Integrated_Report-3876.pdf ''Annual Integrated Report 2023'']
- "Top steel-producing companies 2015".
- GAZETESİ, PUSULA. "Erdemir, Alacaağzı'nda kömür zenginleştirme tesisi kuracak - Zonguldak Haberler".
- "History of the Erdemir Group {{!}} Eregli Iskenderun {{!}} Turkey".
- [https://www.oyakmadenmetalurji.com.tr/Sites/1/upload/files/2020_Integrated_Report-3876.pdf ''Annual Integrated Report 2020'']
- (December 2020). "Methodology and detailed results: The external cost of fossil fuel use in power generation, heating and road transport in Turkey".
- "Comparison Tool - Climate TRACE".
- "Kurumsal".
- "The list".
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