Albania - The End of an Era
Elbasan had the largest metallurgical complex in Albania. The home of the 'Steel of the Party' integrated iron and steel works with a design capacity of around 750,000 tons per annum. Until 1990, this complex employed 12,000 people.
Although the Elbasan blast furnaces and basic oxygen converters closed in 1991, small scale steel production from scrap metal continued from the plant's single Italian-made Danieli electric furnace until 2006, with less than 1,000 employees. These, too, were made unemployed in February 2006 when the Turkish company Kurum, which had been granted the concession to operate Elbasan, closed the plant and withdrew from Albania