Erdemir

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Template:Short description Script error: No such module "about". Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". 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[1] and is also involved in coal in Turkey.[2]

History

Erdemir, which began production in 1965,[3] has a production capacity of 8.5 million tons/year of crude steel (2020 value).[4] It is the largest iron and steel company in TurkeyScript error: No such module "Unsubst". and was the only flat steel producer till January 2009. It produces plates, hot and cold-rolled sheet and tinplate.Script error: No such module "Unsubst".

Its main plant is located on an area of approximately Script error: No such module "convert". 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.Script error: No such module "Unsubst".

Erdemir has Port of Erdemir also acquired the steel plant at İskenderun, Hatay Province in southern Turkey.Script error: No such module "Unsubst".

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.[5] 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.[6] However the company says they are moving towards net zero emissions.[7]

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.[8]

See also

References

  1. ↑ Script error: No such module "citation/CS1".
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  4. ↑ Annual Integrated Report 2020
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  8. ↑ Script error: No such module "citation/CS1".

External links

Template:Istanbul Stock Exchange companies Template:Fifty civil engineering feats in Turkey

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