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INTRODUCTION
15
ERDEMİR GROUP
2014 ANNUAL REPORT
DEVELOPMENTS IN 2014
• Erdemir set up the first steel R&D center in Turkey to be approved by the
Ministry of Science, Industry and Technology.
Attaching priority to research and development activities, Erdemir notched
up another first in its sector by opening Turkey’s first steel R&D center to
be approved by the Ministry. The Erdemir R&D Center, the sector’s first
center to be granted Ministry approval, will serve as a center of advanced
steel research studies in the long term. One of the key suppliers in Turkish
industry, Erdemir will offer innovative solutions at its R&D center in line with
steel user sector’s increasing demands and expectations. It will also produce
high value added new products at reasonable costs and reduce raw material
costs. Two laboratories, the Raw material R&D Simulation laboratory and the
Product Development R&D Simulation laboratory, are planned to be set up
within the framework of the Simulation Center which will be commissioned
in 2015. Erdemir Group aims to achieve a dynamic structure regarding the
development of innovative products through the research and development
activities to be carried out the steel simulation center, as one of only a small
number of such centers in Europe. Erdemir Group will focus on producing
high value added products without changing its capacity utilization rate.
• Ranked as one of the 10 world class steel companies
Erdemir Group advanced five levels to 10th rank as of June 2014 in the
“World-Class Steelmakers” ranking, in which World Steel Dynamics (WSD)
selects the world’s best steel producers. Erdemir entered the list for the first
time in 2012, as the first and only Turkish company to achieve this ranking.
The evaluation is based on 23 parameters and 36 companies, including the
Erdemir Group.
A NUMBER OF IMPORTANT DEVELOPMENTS
REGARDING THE FUTURE OF ERDEMİR GROUP
TOOK PLACE IN 2014.
0th
ERDEMİR GROUP ROSE TO
10TH RANKING IN THE LIST
OF WORLD’S BEST STEEL
PRODUCERS IN 2014.