Eregli Demir ve Celik Fabrikalari TAS - Company Profile

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Eregli Demir ve Celik Fabrikalari TAS: Segment Analysis

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Business Description

Eregli Demir ve Celik Fabrikalari TAS (Erdemir) is a steel producer. It carries out the production of flat and long steel products. Erdemir serves a wide array of industries, including automotive, white goods, pipe profile, rolling mill, general manufacturing, electrical electronics, machinery, energy, heating equipment, shipbuilding, defense, packaging, and renewable energy.

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R&D Overview

The company has taken R&D initiatives focusing on developing new product grades, enhancing process efficiencies, and promoting sustainability. In 2024, the company developed 20 new product grades, bringing the total to 602 for flat products and 331 for long products. The R&D activities are categorized into five main groups: raw materials and iron production, steel production and casting technologies, hot products and processes, cold products and processes, and energy and environment. The company has completed 37 R&D projects and has 32 ongoing projects, with 4 patent applications realized. Efforts are also directed towards carbon emission reduction, energy recovery, and the development of environmentally friendly products. The R&D activities of the company are managed by the Erdemir R&D Center, which is the first ministry-approved R&D Center in the steel industry. The center is responsible for conducting R&D activities across various domains, including product development, process optimization, and sustainability initiatives. The center employs a team of 58 people, including researchers, technicians, and support staff, and encourages advanced degrees among its personnel. It operates one R&D center, the Erdemir R&D Center. The company has registered 50 applications, including 33 patents and 17 utility models. The company is involved in major technology alliances, such as the Horizon Europe projects, including the "Customized Membrane Applications for Green and Emerging Industries' (CUMERI Project) and the 'Decarbonized Steel Production with New Processes' (ZEROSTEEL Project). Additionally, the company is a project sponsor in the EU-RFCS project 'Safe H-DRI' and is involved in the TÜBITAK 1004 program for hydrogen technologies. In FY2024, the company spent TRY335 million on R&D.



Other Break-up

Performance

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Performance

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Performance

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Performance

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