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Erdemir
2020-present (5 years)
Eregli Iron and Steel Works (Ereli Demir ve elik Fabrikalar T.A.) is a Turkey-based manufacturer of iron, steel, and flat steel. It is the parent company of Erdemir Group, the biggest industrial corporation of Turkey in terms of total assets. Through its subsidiaries, the Group produces about 6.5 million tons of crude steel and some 4.8 million tons of flat steel annually. It also makes long products like pig iron and wire road (used for making wire, nails and steel mesh), as well as steel pipes for steam boilers, petrochemical facilities, defense installations, and hydraulic systems. The Group has industrial facilities in Turkey and Romania and owns 80% of iron ore reserves in Turkey. Turkish armed forces pension fund OYAK owns a 49% stake in the company.
