Iron ore and Coal

Mobarakeh Steel Company faces many obstacles to enter mineral exploration

Mobarakeh Steel Company faces many obstacles to enter mineral exploration
Mining News Pro - The CEO of Foulad Mobarakeh stated: Foolad Mobarakeh has the possibility of exploring mines and investing in the field of machinery in this area, but legal obstacles do not allow this company to enter the field of mineral exploration.
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According to Mining News Pro - The CEO of Foulad Mobarakeh stated: Foolad Mobarakeh has the possibility of exploring mines and investing in the field of machinery in this area, but legal obstacles do not allow this company to enter the field of mineral exploration.

Mohammad Yaser Tayebnia, CEO of Mobarakeh Steel, stated at the joint meeting of the Commission of Mines and Mineral Industries of the Chamber of Commerce, Industries, Mines and Agriculture of Iran, hosted by Mobarakeh Foolad, that today Mobarakeh Steel is one of the prides of the country's industry and the largest producer of steel sheets in the Middle East and North Africa.

He added: The current capital market value of this company is close to 500 Hamat and it has a share of 1.5% in the gross national product and a 6.5% share in the gross national product of the industry sector.

Tayebnia said: Mobarakeh Steel has a wide supply chain including 2500 suppliers of services and goods, thanks to the activities of Mobarakeh Steel, a value chain has been formed inside the country and this company is known as a mother industry. The activities of Mobarakeh Steel Group are as wide as Iran and this mature group has 140 subsidiary companies.


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