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Kardemir

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Kardemir
Company typeAnonim Şirket
BİST: KRDMA
IndustrySteel
Founded1937; 87 years ago (1937)
HeadquartersKarabük, Turkey
ProductsHot rolled round steel bars, steel beams and profiles, blooms, billets, beam blank
RevenueIncrease $2.17 billion (2023)
Increase $104 million (2023)
Increase $54 million (2023)
Total assetsDecrease $2.06 billion (2023)
Total equityIncrease $1.27 billion (2023)
Number of employees
4,500+
Websitewww.kardemir.com

Kardemir is a Turkish steel producer. The name is a contraction of the Turkish language Karabük Demir Çelik Fabrikaları, which means "Karabük Iron and Steel Works".

History

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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

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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

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Kardemir is the main sponsor of Karabükspor.

See also

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References

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  1. ^ Günebakış. "KARDEMİR'den termik santral bacalarına filtre takılmasına ilişkin açıklama". Günebakış (in Turkish). Retrieved 2021-01-11.
  2. ^ "Kardemir Kömür Alımlarına İlişkin Çıkan Haberleri Yalanladı". BRTV (in Turkish). 2019-03-25. Retrieved 2020-08-03.
  3. ^ Methodology and detailed results: The external cost of fossil fuel use in power generation, heating and road transport in Turkey (PDF). Shura Energy Centre (Report). December 2020. p. 58.[permanent dead link]
  4. ^ "Enerji Piyasası Veritabanı Yönetim Sistemi". lisans.epdk.org.tr. Archived from the original on 2021-07-16. Retrieved 2021-01-11.
  5. ^ "Comparison Tool - Climate TRACE". climatetrace.org. Retrieved 2023-12-05.