Eregli Demir Celik

Eregli Demir ve Celik Fabrikalari T.A.S., known as Erdemir, is an industrial company that produces flat steel at its integrated works in the Karadeniz Eregli district of Zonguldak. Part of the OYAK group (OYAK is the Turkish Armed Forces Mutual Assistance Fund), Erdemir has its shares traded on Borsa Istanbul under the ticker EREGL. EREGL stock is among the shares followed by investors tracking the Turkish steel sector and the global commodity cycle.

Its products include hot-rolled, cold-rolled and coated flat steel as well as tinplate, which are used in the automotive, white goods, pipe, construction and packaging sectors. Erdemir is the majority shareholder of Isdemir in Hatay, and the group also includes companies engaged in mining and engineering services.

For steelmakers, the spread between iron ore and coking coal prices on one side and finished product prices on the other, import competition and protective trade measures are closely monitored. Energy costs, carbon regulations and demand from construction and automotive are further factors affecting profitability. On Lzzo.com, the EREGL price history can be viewed together with RSI and moving average data.