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INTRODUCTION
3
ERDEMİR GROUP
2014 ANNUAL REPORT
Erdemir Group accounts for half of Turkey’s iron ore production.
Ermaden is the subsidiary of the Erdemir Group, which is Turkey’s first and
only iron ore pelleting plant. It produces half of the iron ore produced in
Turkey and single-handedly meets 20% of Turkey’s iron ore demand.
Erdemir and İsdemir possess the biggest ports in their regions.
Erdemir Group serves third parties as well as the Group’s own requirements
from the Erdemir and İsdemir ports, both of which have a handling capacity
of 16 million tons/year.
Accounting for 40% of the employment in the Turkish steel sector
Erdemir Group is one of Turkey’s leading employers. As of the end of 2014,
Erdemir Group employed 12,872 people and accounted for 40% of the
employment in the Turkish steel sector.
A presence in Singapore
Erdemir Group exported 678 thousand tons of flat steel products in 2014,
comprising of 11% of total sales, and 227 thousand tons of long steel
products. It exported its flat steel products to 38 countries and long steel
products to 9 countries. Erdemir Group has developed its international
organization in line with its target of “becoming a world class company”. The
Group established a company in Singapore with the purpose of carrying out
sales and marketing activities.
A favorite for corporate investors
Erdemir Shares (EREGL), which are one of the blue-chip stocks on the Borsa
İstanbul, and which are included in the BIST 30 Index, have been trading
since the establishment of the Borsa İstanbul (then the İstanbul Stock
Exchange) in 1986. Erdemir shares have high free float ratio of 47.63% rate.
The majority of the publicly-traded shares are held by institutional investors
38+9
ERDEMİR GROUP EXPORTS ITS FLAT STEEL
PRODUCTS TO 38 COUNTRIES AND LONG
STEEL PRODUCTS TO 9 COUNTRIES.