The start of Erdemir's production activities is one of the turning points for Turkiye, which was trying to develop its economy in line with its development plan. Given that Turkiye made substantial progress in the field of industry in the 1950s, a significant part of Turkiye's imports consisted of products produced from flat steel which were imported by spending a significant amount of foreign currency reserves. The need for flat steel was ever-increasing along with the development of new industries. At this point, one of the most important strategic steps in Turkiye's development planning was taken and it was decided to establish Erdemir.
In 1959, a feasibility study was initiated jointly by Koppers Associates SA company located in the U.S. and a committee established by the Ministry of Industry on the status of the company that will establish the plant to produce flat steel. In parallel, Koppers Associates SA, İş Bankası A.Ş., General Directorate of Iron and Steel Enterprises and Ankara Chamber of Commerce and Industry became the founders of the company that will produce flat steel. With a protocol signed by these organizations at the end of 1959, an enterprising committee was elected to prepare and execute the documents such as the draft law, the Founding Charter and the Articles of Association regarding the company to be established.
The Founding Charter was signed on February 12th, 1960 for the establishment of Turkiye's first flat steel production facility. With the law numbered 7462 passed on February 28th, 1960, the Council of Ministers was authorized to establish a joint stock company entitled Ereğli Demir ve Çelik Fabrikaları TAŞ (Erdemir) (Eregli Iron and Steel Works Turkish Joint Stock Company). In Turkiye, which has made a rapid industrialization move, its establishment was officially registered on 11 May 1960 with a special law in order to feed the existing industry and to establish and develop new industrial branches. Erdemir was officially registered with a special law enacted on May 11th, 1960 in order to support the existing industries and the establishment and development of new industries in Turkiye, which has made rapid industrialization moves.
Erdemir started its journey on May 15th, 1965 with an annual production capacity of 0.5 million tons of crude steel and 0.4 million tons of flat steel.
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