Kardemir
Turkish iron and steel producer
From Wikipedia, the free encyclopedia
Kardemir is a Turkish steel producer. The name is a contraction of the Karabük Iron and Steel Works (Turkish: Karabük Demir Çelik Fabrikaları).
 | |
| Type | Anonim Şirket |
|---|---|
| BİST: KRDMA | |
| Industry | Steel |
| Founded | 1937 |
| Headquarters | Karabük, Turkey |
| Products | Hot rolled round steel bars, steel beams and profiles, blooms, billets, beam blank |
| Revenue |  $2.17 billion
(2023) |
| $104 million (2023) | |
| $54 million (2023) | |
| Total assets |  $2.06 billion (2023) |
| Total equity | $1.27 billion (2023) |
Number of employees | 4,500+ |
| Website | www.kardemir.com |
History
Its main plant is located at Karabük in the Black Sea region of Turkey. Construction of the complex started in 1937 and finished in two years. Power plant was the first plant put into operation in 1939[1] and other plants became operative successionally within 2 years. Having functioned as a state-owned company for decades, Kardemir was privatized in 1995.
Pollution
Kardemir burns coal in Turkey.[2] As an integrated steelworks emissions are higher than steel produced at electric arc furnaces.[3] They also own Karabük coal-fired power station.[4] Climate Trace estimates the plant emitted over 3.5 million tonnes of carbon dioxide in 2022, more greenhouse gas than any other steelmaker in the country except Erdemir and İsdemir.[5]
Sport sponsorship
Kardemir is the main sponsor of Karabükspor.
See also
External links
- Kardemir (Official website)
