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    Mobarakeh Steel effective in the national economy

    شناسه : 26880 28 مرداد 1399 - 11:55
    Since the beginning of this year, this huge steel complex has tried to remain effective as a parent industry in the region and the country, despite the pressure of oppressive sanctions and the problems caused by the outbreak of the corona, which has put the country's economy in a difficult situation. Undoubtedly, this complex can play a significant role in the economy and national authority.
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    Over the past years, Mobarakeh Steel Company has tried to control about half of the country’s steel production. Accordingly, it has always tried to implement various development projects.

    Saba Steel Complex, Sefid Dasht Steel and Hormozgan Steel are also built on the same principle.
    Since the beginning of this year, this huge steel complex has tried to remain effective as a parent industry in the region and the country, despite the pressure of oppressive sanctions and the problems caused by the outbreak of the corona, which has put the country’s economy in a difficult situation. Undoubtedly, this complex can play a significant role in the economy and national authority.

     

    *** Production growth continues

    Mobarakeh Steel Company produced a total of 2,595,000 tons of pellets in the first three months of this year. This production figure has increased by 9.5 percent compared to the company’s total pellet production in 1998. Of course, a significant part of this production growth should be attributed to the performance of Sangan Steel; Because the amount of pellet production in Sangan Steel has increased from 464 thousand tons in 1998 to 674 thousand tons this year; This means that the amount of pellet production by Sangan Steel this year and compared to the first three months of 1998, has increased by about 45.3%. The total production of sponge iron by Mobarakeh Steel and its subsidiaries this year and in the first three months of the year, 3 million and 59 thousand tons has been reported.

    This production has increased by 4% compared to last year. If the production rate in the companies of Mobarakeh Steel is examined in detail, we see that the production of sponge iron in the Saba complex has increased by more than 19% in the period under discussion. The amount of sponge iron production produced by Sefiddasht Company in the three months leading up to July 1, compared to the production statistics of 1998, has increased by about 8%. This growth rate has been reported to be 2.5% for Mobarakeh himself.

     

    *** Reduction of sponge iron production in Hormozgan Steel Company

    Of course, the amount of sponge iron production in Hormozgan Steel Company in the first three months of this year was decreasing. The decline is reported to be 1.3 percent. It should be noted that Mobarakeh Steel Company produced 2,597,000 tons of slabs in the three months leading up to July 1, 1999. The amount of slab production by this company has increased by about 10% compared to the same period of 1998. The amount of steel production by Mobarakeh Company has increased by 16.2% in this period. The production of slabs of Saba complex has also increased by about 7.6%.
    It is worth mentioning that Mobarakeh Steel and Sabafolad produced a total of 1,726,000 tons of hot coils. The production of cold coil by Mobarakeh Steel Company in the first 3 months of this year has been reported equal to 397.9 thousand tons.

     

    *** Meeting the domestic needs of Mobarakeh Steel is a priority this year

    Isfahan Mobarakeh Steel Company has sold 7 million 580 thousand and 4 tons of products in the domestic and export markets in the first 3 months of 2009. The company has sold more than 6 million and 129 thousand tons of products in the domestic market in the first three months of last year. The total sales of the company’s products in the export market are equal to 1,450,345 tons; In other words, it must be admitted that this steel company has prioritized domestic sales this year and has sold 81% of its products in the domestic market and only 19% of it has been allocated to international markets.

    In more detail, it can be said that Mobarakeh Steel Company sold 702,326 tons of products in the domestic market in June. This figure has increased by about 27% compared to June 1998, which is a remarkable figure. The value of the product sold in the domestic market in June this year was reported to be 51486455 million rials, which compared to the same period last year, has increased by 55%.

     

    *** Concluding remarks

    This year, despite the pressure of harsh sanctions and the challenges posed by the Covid 19 virus epidemic, it has made it difficult for many industries to operate and maintain production. In such a situation, the government hopes for industries such as steel, which have strong support and at the same time the ability to continue production and even export and value. Fortunately, the country’s steel industry has been able to perform its duties well and show a brilliant performance. As mentioned in this report, Mobarakeh Steel Company was able to act as an influential parent industry in the region and the country and increase its production. Undoubtedly, this complex can play a significant role in the economy and national authority.

     

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