Journal of Corporate Governance, Insurance, and Risk Management (JCGIRM) 2016, Volume 3, Series 2 PP109-125 The Impact of the Iron and Steel Industry to Karabük and Sheffield: A Historical Background** Can Biçer,a, , Kemal Yamanb * aKarabük University, Safranbolu Vocational School, Safranbolu, Karabük, TURKEY bKarabük University,Faculty of Economics and Administrative Sciences, Karabük, TURKEY A B S T R A C T A R T I C L E I N F O In this study, the two cities, Sheffield in the UK and Karabük in Turkey, Keywords:Karabük, Sheffield, which are famous for iron and steel producing, were analyzed through their Iron and Steel Production, Urban historical background to focus on the differences and similarities from an development urban perspective. Both the rise in the production of iron and steel in the *Corresponding author: 18th century through Industrial Revolution and the innovations made
[email protected] Sheffield popular throughout the world. Karabük is called “The Republic City” in Turkey because the first iron and steel works were built in Karabük Article history: in 1937 shortly after the proclamation of Republic of Turkey. The museums were visited and the local studies and academic papers were sorted out to Received 22 03 2016 see the effects of sudden changes which the heavy industry caused in the Revised 25 04 2016 cities and it’s concluded that the industrial, urban and social experiences of Accepted 27 7 2016 Sheffield may be a guide for Karabük. **Previously Published in EJEM, 2016, Volume 3 number 2 1. INTRODUCTION The Industrial Revolution began in England sometime after the middle of the 18th century.