Turkey to issue Erdemir tender this month
Tender for the sale of majority stake in the
Turkey's largest flat steel producer Eregli Demir Celik Fabrikalari TAS (
Erdemir) is expected to be issued this month.
In the tender, apart from the 46.12% share held by the Turkish Privatization Agency, shares of the Development Bank of
Turkey will be sold. The tender for 52.36% shares of
Erdemir will be issued after the final details of the privatization have been set, officials report.
Arcelor, Mittal Steel, Corus,
Severstal, Novolipetsk Iron & Steel and EvrazHolding were among the foreign producers, which expressed interest in
Erdemir tender. Moreover Turkish producers Kibar Holding, and Borusan also showed interest in the tender.