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EREGL

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Eregli Demir Ve Celik Fabrikalari Tas

41.54
+0.32 (+0.78%)
Last Update: 22 Apr 2024 18:00:00
Yesterday: 41.22
Day's Range: 41.48 - 42.12
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Eregli Demir ve Celik Fabrikalari TAS (Erdemir) is a Turkish steel producer and one of the largest integrated steel plants in the country. The company was founded in 1960 and is headquartered in Zonguldak, Turkey. Erdemir produces a wide range of flat and long steel products, including hot-rolled and cold-rolled coils, wire rods, and bars.

The company has a production capacity of 9.2 million tons of crude steel and 6.3 million tons of finished steel products per year. Erdemir exports its products to more than 80 countries worldwide, including Europe, the Middle East, North Africa, and Asia.

In addition to its steel production operations, Erdemir is also involved in mining, energy, and port operations. The company operates several coal mines in Turkey and has a 50% stake in a thermal power plant. Erdemir also owns and operates a port facility in Iskenderun, Turkey, which is used to export its steel products.

Erdemir is listed on the Istanbul Stock Exchange and has a market capitalization of approximately $2.5 billion as of 2021. The company is majority-owned by Oyak, the pension fund of the Turkish Armed Forces.

Note: This message was created by artificial intelligence; It does not guarantee the accuracy of the information it contains and cannot be considered as investment advice.
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