Borçelik, established in 1990, is recognized as Turkey’s first private and second-largest flat steel producer. The company initiated its operations in 1994, specializing in the manufacture of cold-rolled steel rolls. As a prominent figure in the industry, Borçelik holds the title of Turkey’s biggest galvanized flat steel producer, offering products of the highest quality123.
With investments totaling $530 million across the years 1994, 2003, and 2008, Borçelik has significantly expanded its manufacturing capacity to 1.5 million tons. The company operates three cold-rolling and three hot dip galvanized steel lines, reinforcing its position as a major galvanized steel manufacturer4.
Borçelik’s facilities have a substantial metal processing capacity of 500,000 tons and employ around 1,200 individuals. This workforce contributes to the company’s dynamic and innovative approach to steel production5.
The company, jointly managed by Borusan Holding and ArcelorMittal, is headquartered in Gemlik, Turkey, and generates annual revenue of approximately $150 million. Borçelik’s commitment to quality and innovation has made it a key player in the steel industry, serving a diverse range of applications with its high-quality galvanized flat steel products3.