Mobarakeh Steel Group When Mobarakeh Steel began its operations, few could have imagined that a single steelmaking plant would one day transform into a vast ecosystem—a network comprising companies, mines, infrastructure, and technology centers woven tightly into the fabric of Iran's economy. Yet, this path was forged with a profound vision: steel is not merely a product; it is a value-creating ecosystem. Today, Mobarakeh Steel stands as the symbol of Iran’s largest industrial ecosystem—an enterprise that, through targeted investments each decade, has progressively completed the steel value chain from mine to market. It has now grown into the largest producer of flat steel products in the Middle East and North Africa (MENA) region and the world's largest producer of direct reduced iron (DRI) with an annual capacity of 12.85 million tons.

This developmental trajectory represents the "path of value creation and investment in production"—a journey that originated in technology and expanded into geographical growth, sustainability, innovation, and a circular economy. In the 1990s, the foundations for digital transformation and supporting infrastructure were established. The 2000s marked the Group's entry into mining and the securing of a sustainable raw material supply. The 2010s saw the completion of the production value chain spanning from the east to the south and west of the country. In the current decade, Mobarakeh Steel focuses its efforts on innovation, smart investment, sustainable development, and the completion of its portfolio of products and services.

Today, Mobarakeh Steel is not merely a major steel manufacturer, but one of the most influential economic players in the country—generating approximately 1% of Iran's Gross Domestic Product (GDP) and 2.4% of the industrial sector's GDP single-handedly. The company's current market capitalization has reached approximately 5,190,000 billion IRR (519 trillion Tomans), positioning it among the most valuable industrial enterprises in the region.

This massive ecosystem—comprising over 100 specialized companies and a workforce of 60,000 people—boasts an annual production capacity of 12.5 million tons of steel and 6.8 million tons of hot-rolled products. On the global stage, with a crude steel output of 10.19 million tons, it holds the 44th rank among the world's top steel producers.

Furthermore, the reach of Mobarakeh Steel's value chain extends far beyond manufacturing alone. The Group's customer network encompasses over 1,000 plants and workshops across Iran—industries whose production relies heavily on Mobarakeh Steel products. Additionally, Mobarakeh Steel’s supply chain, featuring over 2,500 goods and service suppliers, constitutes one of the nation's most extensive industrial cooperation networks, covering everything from mining to logistics, technology to energy, and raw materials to specialized services.

In infrastructure and energy, the focus on power plant development—most notably the execution of the country’s largest solar power plant with a 600 MW capacity—symbolizes Mobarakeh Steel’s commitment to green steel production and the transition toward clean energy. Concurrently, economic and innovative growth driven by investment funds and development companies has fortified the Group's future-building path.

Mobarakeh Steel today is no longer just a manufacturing plant; it is a living, dynamic ecosystem intertwined from mine to market, technology to innovation, and energy to logistics. It is an ecosystem as vast as Iran itself, where every company and division plays a vital role in creating value. This journey continues—a path along which Mobarakeh Steel, guided by forward-thinking management, grows "deeper" rather than just larger, deepening its impact across the value chain, technology, sustainability, and corporate social responsibility to remain the vanguard of Iran’s industrial and technological development.