Erdemir

Ereğli Demir ve Çelik Fabrikaları T.A.Ş. is a Turkish steel producer. The name is a contraction of the Turkish language Ereğli Demir ve Çelik Fabrikaları, which means "Ereğli Iron and Steel Factories". Erdemir occupies the 43rd place among the largest steel companies in the world[2] and is also involved in coal in Turkey.[3]

This article is about the steel producer. For other uses, see Erdemir (disambiguation).
Ereğli Demir ve Çelik Fabrikaları T.A.Ş.
TypeAnonim Şirket
BİST: EREGL
IndustrySteel Manufacturing
Founded1967
HeadquartersZonguldak, Turkey
Productsplates, hot and cold rolled sheet and tinplate
RevenueIncrease US$4.575 billion (2020)[1]
Increase US$0.472 billion (2020)[1]
OwnerOYAK
Websitewww.erdemir.com.tr

History

Erdemir, which began production in 1965, has a production capacity of 8.5 million tons/year of crude steel (2020 value).[1] 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 (1.5 sq mi) 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. The fund acquired 46.12% from the Turkish Privatization Administration (OIB) and it was also obliged to purchase an additional 3.17% stake from a Turkish bank. OYAK beat out five other bidders for Erdemir. This included Mittal Steel, Arcelor, Novolipetsk Steel (NLMK) and Severstal, which bid in consortium with the Nurol-Limak-Ozaltin-Alkol Pazarlama joint venture group. The Eregli joint venture group also participated in the auction.

See history of Erdemir Group since 1954.

Pollution

Erdemir burns coal in Turkey. As an integrated steelworks, emissions are higher than steel produced at electric arc furnaces.[4] Climate Trace estimates the plant emitted 4.7 million tonnes of carbon dioxide in 2021, more greenhouse gas than any other steelmaker in the country except İsdemir.[5]

List of 50 Projects

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 Turkish republic.[6]

See also

References
  1. Annual Integrated Report 2020
  2. "Top steel-producing companies 2015" (PDF). Archived from the original (PDF) on 2017-01-22. Retrieved 2016-11-04.
  3. GAZETESİ, PUSULA. "Erdemir, Alacaağzı'nda kömür zenginleştirme tesisi kuracak - Zonguldak Haberler". pusulagazetesi.com.tr (in Turkish). Retrieved 2020-08-03.
  4. Methodology and detailed results: The external cost of fossil fuel use in power generation, heating and road transport in Turkey (PDF). Shura Energy Centre (Report). December 2020. p. 58.
  5. "Emissions Map - Climate TRACE". climatetrace.org. Retrieved 2022-11-12.
  6. "The list" (in Turkish). Archived from the original on 2010-06-28. Retrieved 2010-10-05.
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