Mobarakeh Steel Company
Iranian steel manufacturing corporation / From Wikipedia, the free encyclopedia
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Mobarakeh Steel Company (MSC, Persian: فولاد مبارکه, Foolad Mobarakeh) is a private Iranian steel company, located 65 km south west of Esfahan, near the city of Mobarakeh, Esfahan Province, Iran. It is the largest steel maker of MENA (Middle East & Northern Africa) region, and one of the largest industrial complexes operating in Iran. It was commissioned after the Iranian Revolution in 1979 and initiated operations during 1993. It underwent major revamping during year 2000, and is scheduled for a second and third revamping in 2009–2010, bringing the total steel output to 7,200,000 metric tons per year. The company owns the successful football club, Sepahan. In 2022, a parliamentary report indicated corruption of $3 billion, leading to the company being suspended from the Tehran stock exchange.[2][3]
Company type | private |
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TSE: FOLD1 ISIN: IRO1FOLD0001 | |
Industry | Steel |
Founded | 1981; 43 years ago (1981) |
Headquarters | Isfahan, Iran |
Area served | Worldwide |
Key people | Mohammad Yaser Tayebnia (CEO), Ali Nabavi (chairman)[1] |
Products | Finished, semi-finished, long and flat products, billets, blooms, rebars, wire rod, sections, rails, sheet piles and drawn wire |
Total equity | IRR 3,612,690 B |
Website | www |