MSC Retains Top Ranking in Domestic Steel Production in Fiscal 2022-23
EghtesadOnline: Located in southwest Isfahan, Mobarakeh Steel Company is the biggest steel producer not only in Iran, but also in the Middle East and North Africa region.
Mobarakeh Steel Company, Iran’s biggest steelmaker, produced 10.24 million tons of semi-finished products in the last Iranian year that ended on March 20, 2023, to register a 10% year-on-year rise.
The steelmaker also produced 8.14 million tons of finished steel during the period, up 5% to retain its top spot in domestic steel production, new data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
Located in southwestern Isfahan, Mobarakeh Steel Company is the biggest steel producer not only in Iran, but also in the Middle East and North Africa region.
The state-owned company is located 65 km southwest of the city of Isfahan, near the city of Mobarakeh. It is one of the largest industrial complexes operating in Iran. MSC was commissioned after the Islamic Revolution in 1979 and initiated operations during 1993. It underwent major revamping in 2000.