11,456.34 TRY BIST 100 BIST 100
42.70 USD USD USD
6.09 CNY CNY CNY
50.12 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
38.42 TRY Interest Interest
60.11 USD Fossil Oil Fossil Oil
86.10 USD Silver Silver
5.33 USD Copper Copper
101.64 USD Iron Ore Iron Ore
349.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,879.33 TRY Gold (gr) Gold (gr)

Karabuk Iron and Steel (KARDEMIR) is 86 years old!

Kardemir celebrates its 86th birthday today.

Karabuk Iron and Steel (KARDEMIR) is 86 years old!

Karabük, whose future changed with the laying of the foundation of Karabük Iron and Steel Factories (KARDEMİR) on April 3, 1937 by the then Prime Minister İsmet İnönü, is celebrating the 86th anniversary of its foundation today.

Kardemir produced the first Turkish iron

On April 3, 1937, by the then Prime Minister İsmet İnönü, it was laid on large paddy fields at the junction of the Soğanlı and Araç streams, which are the branches of the Filyos River, in the Karabük village of Zonguldak, and thus, Turkey's first heavy industry move was initiated by turning from rice agriculture to steel industry in Karabük. Founded by İsmet İnönü and Fevzi Çakmak on April 3, 1937, KARDEMİR produced the first Turkish iron on September 10, 1939.

"Factory Building Factories"

With its establishment, KARDEMİR assumed important duties in the construction of the Republic of Turkey, and received the title of "factory establishing a factory" due to its involvement in the establishment of Ereğli Iron and Steel Factories (ERDEMİR) and İskenderun Demir ve Çelik A.Ş. (İSDEMİR).

It continues to grow with its investments

While KARDEMİR is the only rail and train wheel manufacturer in the country, it is also the only national brand of the country in the production of heavy profiles and thick coils.

KARDEMİR continues to support the defense industry and automotive fields with the investments it has made in recent years.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

“Africa is the Mining Heart of the World, and Türkiye Holds a Critical Position in This Transformation”

Thursday, December 11, 2025

India and Sweden launch 7 innovative projects to reduce emissions in the steel and cement sectors

Tuesday, December 9, 2025

Algoma Steel will lay off 1,000 employees due to US tariffs

Tuesday, December 2, 2025

UK Minister Jo Stevens visits Tata Steel UK

Monday, December 1, 2025

The European Parliament takes action against global overcapacity

Friday, November 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now