 | |
 Steel works of Erdemir | |
| Company type | Anonim Şirket |
|---|---|
| BİST:EREGL | |
| Industry | Steel Manufacturing |
| Founded | May 1960, 11; 65 years ago (11-05-1960) |
| Headquarters | Zonguldak,Turkey |
| Products | Plates, hot and cold rolled sheet and tinplate |
| Revenue |  US$6.242 billion (2023)[1] |
 US$0.562 billion (2023)[1] | |
| US$0.388 billion(Q3 - 2024) | |
| Total assets | US$11.910 billion (2024) |
| Total equity | US$6.852 billion (2024) |
| Owner | OYAK |
Number of employees | 12.487 (2023) |
| Website | www.erdemir.com.tr |
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[2] and is also involved incoal in Turkey.[3]
Erdemir, which began production in 1965,[4] has a production capacity of 8.5 million tons/year ofcrude steel (2020 value).[5] It is the largest iron and steel company in Turkey[citation needed] and was the only flat steel producer till January 2009. It produces plates, hot and cold-rolled sheet and tinplate.[citation needed]
Its main plant is located on an area of approximately 4 km2 (1.5 sq mi) atKaradeniz Eregli,Zonguldak on the shore of theBlack Sea. Erdemir operates a large seaport, thePort of Erdemir, to import and export materials.[citation needed]
Erdemir has Port of Erdemir also acquired the steel plant atİskenderun,Hatay Province in southernTurkey.[citation needed]
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 theTurkish Privatization Board (OIB) and it was also obliged to purchase an additional 3.17% stake from a Turkish bank.
Erdemir burnscoal in Turkey. As an integratedsteelworks, emissions are higher than steel produced atelectric arc furnaces.[6]Climate Trace estimates the plant emitted almost 5 million tonnes ofcarbon dioxide in 2022, moregreenhouse gas than any other steelmaker in the country exceptİsdemir.[7] However the company says they are moving towardsnet zero emissions.[8]
The Turkish chamber of Civil engineers lists Erdemir as one of thefifty civil engineering feats in Turkey, a list of remarkable engineering projects realized after the declaration of the Turkish republic.[9]
