Mobarakeh Steel Company
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MSC Targets 7m Tons of Flat Sales This Year
EghtesadOnline: Mobarakeh Steel Company has set the target to sell 7 million tons of flat steel in the current fiscal year (March 2017-18), mostly in the local market, the company’s head of sales…
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Pipe, Profile Demand at 1.5m Tons
EghtesadOnline: Steel pipe and profile producers’ demand for 3-mm and thinner flat steel stood at about 1.5 million tons in the last fiscal year (ended March 20, 2017), Mobarakeh Steel Company’s…
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Mobarakeh Unaffected by Europe’s Minimum HRC Price
EghtesadOnline: Steel trade wars are looming across the world, as over 150 lawsuits were filed just last year.
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Production of Steel Plates for Fuel Tanks Starts
EghtesadOnline: Mobarakeh Steel Company has begun the production of carbon steel plates used in the production of fuel tanks for the first time in Iran, MSC’s manager for metallurgy and production…
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Mining Holding Ownership Strengthens MSC’s Clout
EghtesadOnline: Iran’s flagship flat steel producer has taken control of one of the country’s largest mining investment companies and extended its reach in the industry.
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MSC’s Sangan Plant Begins Trial Production
EghtesadOnline: Iran’s largest steelmaker, Mobarakeh Steel Company, has started the test run of its 5-million-ton per year iron ore pelletizing plant in Sangan mineral zone in northeastern Iran,…
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MSC Boosts Sales by 18%
EghtesadOnline: Iran’s Mobarakeh Steel Company boosted sales by 18.21% to 6.2 million tons in the last Iranian year (ended March 20, 2017), according to a Monday filing in Tehran Stock Exchange.
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MSC Buys 16% Stake in Iran’s Largest Mining Investor
EghtesadOnline: Iran’s largest steel producer, Mobarakeh Steel Company, has bought a further 16.1% stake in Mines and Metals Development Investment Company from a semi-governmental retirement…
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HRC Sole Steel Product on the Uptrend
EghtesadOnline: As Iranian mills’ steel product output is on an overall downtrend, the only commodity defying this trend is hot-rolled coil, which is solely produced by Iran's largest steelmaker…
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Iran Raising Iron Ore Pellet Production Capacity
EghtesadOnline: Iran’s largest steel producer, Mobarakeh Steel Company, has completed the installation of a new 5 million-ton/year iron ore pelletizing plant in Sangan, northeastern Iran.
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MSC’s Exports Drop as Domestic Sales Jump
EghtesadOnline: Iran’s largest steelmaker Mobarakeh Steel Company sold over 4.71 million tons of steel products in the local market in the last fiscal year that ended March 20, registering a…
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Saba Steel Complex Doubles Capacity
EghtesadOnline: Saba Steel Complex, a subsidiary of Iran’s largest flat steel producer Mobarakeh Steel Company, has managed to finish the second phase of its expansion project, allowing it to…
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German Firm Signs Deal to Boost Iran Steel Output
EghtesadOnline: German steel plant maker SMS Group has signed a $400 million contract to expand production at Iran’s Mobarakeh Steel Company but faces challenges in raising financing so there…
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MSC Unmoved by Eurofer’s Dumping Allegations
EghtesadOnline: Iran’s largest producers of flat steel is nonchalant in the face of European threats to limit Iranian steel imports, as Mobarakeh Steel Company enjoys a diverse range of products…
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Major Pellet-Making Plant to Come on Stream in Iran
EghtesadOnline: One of Iran’s largest pellet-making projects is currently in the final phase of construction in the northwestern Khorasan Razavi Province and will start production in the early…
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MSC Puts Local Market First
EghtesadOnline: Mobarakeh Steel Company expects to sell 76% of its products during the next fiscal year (March 2017-18) in the local market.
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MSC Develops High-Strength Steel
EghtesadOnline: The largest Iranian flats producer Mobarakeh Steel Company continues to diversify product portfolio of high value-added steel. This time, the company is focusing on high-strength…
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MSC Signs $7.5m Deal With Finnish Firm
EghtesadOnline: Mobarakeh Steel Company signed its first foreign investment deal worth $7.53 million with Finland’s Ecofer.
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MSC Boosts Capacity as Flat Steel Demand Grows
EghtesadOnline: Mobarakeh Steel Company’s new continuous casting machine was inaugurated by First Vice President Es’haq Jahangiri and the company’s managing director, Bahram Sobhani, last week…
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MSC to Expand Steel Production Capacity
EghtesadOnline: Mobarakeh Steel Company plans to expand steel production capacity by more than 10 million tons per year by the end of November, the managing director of MSC said.
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Sukuk in High Demand
Iran’s Largest Steelmaker Raises $28m in Bond Sale
EghtesadOnline: Demand for fixed-income securities is high among Iranian investors, as decreasing deposit rates leave bonds as the only high yield investment.