Isdemir
Encyclopedia
İsdemir is a Turkish
steel producer located in İskenderun
, Hatay Province
on the Mediterranean coast. The name is a contraction of the Turkish language
İskenderun Demir ve Çelik A.Ş., which means "İskenderun Iron and Steel CO ". İsdemir is currently an Erdemir
venture, another steel works located in Ereğli
at the Black Sea
coast.
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 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 fund OYAK, had purchased 49.29% of Erdemir’s shares on February 27, 2006 paying a total tender amount of US$2.96 billion full in cash.
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
steel producer located in İskenderun
Iskenderun
İskenderun is a city and urban district in the province of Hatay on the Mediterranean coast of Turkey. The current mayor is Yusuf Hamit Civelek .-Names:...
, Hatay Province
Hatay Province
Hatay Province is a province in southern Turkey, on the Mediterranean coast. It is bordered by Syria to the south and east and the Turkish provinces of Adana and Osmaniye to the north. The province is part of Çukurova, a geographical, economical and cultural region that covers the provinces of...
on the Mediterranean coast. The name is a contraction of the Turkish language
Turkish language
Turkish is a language spoken as a native language by over 83 million people worldwide, making it the most commonly spoken of the Turkic languages. Its speakers are located predominantly in Turkey and Northern Cyprus with smaller groups in Iraq, Greece, Bulgaria, the Republic of Macedonia, Kosovo,...
İskenderun Demir ve Çelik A.Ş., which means "İskenderun Iron and Steel CO ". İsdemir is currently an Erdemir
Erdemir
Erdemir is a Turkish steel producer. The name is a contraction of the Turkish language Ereğli Demir ve Çelik Fabrikaları, which means "Ereğli Iron and Steel Factories".-Erdemir in brief:...
venture, another steel works located in Ereğli
Eregli
Ereğli is a town and district of Konya Province in the Central Anatolia region of Turkey. According to 2009 census, the population of the district is 135,008 of which 95,056 live in the town of Ereğli.-History:...
at the Black Sea
Black Sea
The Black Sea is bounded by Europe, Anatolia and the Caucasus and is ultimately connected to the Atlantic Ocean via the Mediterranean and the Aegean seas and various straits. The Bosphorus strait connects it to the Sea of Marmara, and the strait of the Dardanelles connects that sea to the Aegean...
coast.
İsdemir in brief
İsdemir was established on October 3, 1970 as Turkey's third state-owned steel works with Soviet 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 three blast furnaceBlast furnace
A blast furnace is a type of metallurgical furnace used for smelting to produce industrial metals, generally iron.In a blast furnace, fuel and ore and flux are continuously supplied through the top of the furnace, while air is blown into the bottom of the chamber, so that the chemical reactions...
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 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 fund OYAK, had purchased 49.29% of Erdemir’s shares on February 27, 2006 paying a total tender amount of US$2.96 billion 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 ironPig ironPig iron is the intermediate product of smelting iron ore with a high-carbon fuel such as coke, usually with limestone as a flux. Charcoal and anthracite have also been used as fuel...
(for foundry) - BilletBillet (manufacturing)Semi-finished casting products are intermediate castings produced in a foundry that need further processing before being a finished good. There are four types: ingots, billets, blooms, and slabs.-Ingot:...
100x100 mm – 180x180 mm (for manufacturing of plain and deformed reinforcing bar, angle and profile, bulb flat)