- İsdemir
İsdemir is a Turkish steel producer located in
İskenderun ,Hatay Province atMediterranean coast. The name is a contraction of theTurkish language "İskenderun Demir ve Çelik A.Ş.", which means "İskenderun Iron and Steel CO ". İsdemir is currently anErdemir venture, another steel works located inEreğli at theBlack Sea coast.İsdemir in brief
İsdemir was established on
October 3 ,1970 as Turkey's third state-owned steel works withSoviet technology. It began production in 1975 with a capacity of 1.1 million tons per year of crude steel. The plant capacity was extended from 1984 onwards to 2.2 million tons/year. There are threeblast furnace s with a total annual capacity of 2.450 million tons pig iron. The ongoing investment plan in amount of US$ 2.0 billion targets the production of flat steel with a capacity of 3.5 million tons per year when it is completed at the end of 2008.The steel works is located on an area of approximately 8.6 km² around 17 km north of İskenderun. Today, slightly more than 6,000 people are employed by the company. The plant owns a sea port, which can receive and handle 9 cargo ships of DWT|150,000|metric|first=yes at the same time.
The company, since 1998 in privatisation programme, was acquired by Erdemir on
January 31 ,2002 for US$50.0 million with the obligation to produce flat steel. Ataer Holding, a wholly owned subsidiary of the military pension fundOYAK , had purchased 49.29% of Erdemir’s shares onFebruary 27 ,2006 paying a total tender amount ofUS$ 2.96 billion in full in cash.Products
* Wire rod 5.5 mm – 16.0 mm (for manufacturing of wire and nail, wire mesh, electrode and welding filler, bolt and nut, spring)
*Pig iron (for foundry)
* Billet 100x100 mm – 180x180 mm (for manufacturing of plain and deformed reinforcing bar, angle and profile, bulb flat)ee also
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List of steel producers
*List of Turkish companies External links
* [http://www.isdemir.com.tr/wps/portal/ İsdemir Web Site]
* [http://www.haber7.com/haber.php?haber_id=190146 Haber7] tr icon
* [http://www.memurlar.net/haber/56217/ Memurlar Net] tr icon
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