• Iron ore and Steel industry is one of the biggest industries in Iran after oil products industry.
  • Metal industry plays several roles in our life and is closely linked to other industrial sectors such as building and construction, the automotive industry, the electrical industry and mechanical engineering.
  • 6 out of IMI100 are in Steel industry.
  • Iran’s Raw Steel production was 16.8 and 16.5 Mt respectively in 2014 and 2015.
  • Now, Iran ranked 14th in the world in producing steel and its production is around 24 Mt per year and it will be around 55 Mt in 2025 and by reaching this target, its rank will be 7th in the world estimated by Mine news.
  • Isfahan’s Mobaarke steel Co. is the biggest steel factory in Iran and produces 5.3 Mt per year. It is the 14th biggest company in Iran according to IMI100.
  • There are some other big factories in this industry in Iran such as Khouzestan Steel Company, Isfahan`s Steel Company, Hormozgan Steel Co. and etc. that dispel the most people’s needs not only in Iran, but also in other countries by exporting.
  • 2 out of IMI100 are in Iron Ore industry.
  • Iran is 9th largest iron ore manufacturer in the world and 3rd one in Asia after China and India.
  • Golgohar Mining & Industrial Co. and Chadormalu Mining & Industrial Co. are the most biggest Iron Ore companies in Iran.

industry in Iran