Kardemir names new chairman and vice chairman

Turkish steelmaker Kardemir has named Muhammed Ali Oflaz as chairman of its board following an extraordinary general meeting, according to the company’s statement.

Suat Sarigul has been named vice chairman, the statement added.

The new board comprises 11 members, including Oflaz and Sarigul, alongside Prof. Dr. Arif Nihat Gulluoglu, Prof. Dr. Ercumend Arvas, Fatih Mehmet Erkoc, Gursoy Erol, Kamil Gulec, Prof. Dr. Mehmet Cahit Ensari, Prof. Dr. Metin Yerebakan, Mustafa Aydin and Yusuf Canbolat.

Kardemir, established in 1937, has an annual production capacity of around 3.5 mln tons and produces billets, blooms, rebar, wire rod and profiles at its facilities in Karabuk.