Mobarakeh Steel
Typeprivate
TSE: FOLD1
ISIN: IRO1FOLD0001
IndustrySteel
Founded1978 (1978)
HeadquartersIsfahan, Iran
Area served
Worldwide
Key people
Mohammad Yaser Tayebnia (CEO), Ali Nabavi (chairman)[1]
ProductsFinished, semi-finished, long and flat products, billets, blooms, rebars, wire rod, sections, rails, sheet piles and drawn wire
Total equityIRR 3,612,690 B
Websitewww.msc.ir

Mobarakeh Steel Company (MSC, Persian: فولاد مبارکه, Foolad Mobarakeh) is a private Iranian steel company, located 65 km south west of Esfahan, near the city of Mobarakeh, Esfahan Province, Iran. It is the largest steel maker of MENA (Middle East & Northern Africa) region, and one of the largest industrial complexes operating in Iran. It was commissioned after the Iranian Revolution in 1979 and initiated operations during 1993. It underwent major revamping during year 2000, and is scheduled for a second and third revamping in 2009–2010, bringing the total steel output to 7,200,000 metric tons per year. The company owns the successful football club, Sepahan. In 2022, a parliamentary report indicated corruption of $3 billion, leading to the company being suspended from the Tehran stock exchange.[2][3]

Production processes: overview

MSC's iron ore (raw material) comes from mines in Golgohar and Chadermaloo (Kerman and Yazd provinces) and are converted to pellets in the pelletizing plant (diameters: 8–10 mm). After being reduced in the direct reduction (DR) plant and removed of oxygen, pellets are converted to (sponge iron). Sponge iron and iron scrap is melted in electric arc furnaces, after which liquid steel is purified in secondary purification units. The steel's chemical compound is designed by customer demand. Then, it is transported to casting machines for slab production. After cooling, slab is rolled at the hot rolling mill, creating hot coils (thickness: 1.5–16 mm). Some are sold; others go to the hot finishing mill for complementary work and hot sheet transformation or the cold rolling mill to lower strip thickness to 0.18 mm. Cold rolled coils are also dedicated for the tinning, galvanizing, and prepainting lines.

History

The planning for steel manufacturing was started in 1975. The project originally was started in Bandar Abbas and five years later it was transferred to Esfahan. Due to political turmoil, no activity took place until 1980.

Iron plant complex

The iron plant complex has 10 main production line units (the rest are auxiliary and back up units). Iron ores with large grains from Golgohar are converted by ball mills in the Pelletizing plant. After mixing with Chadermalou's smaller grains and bentonite in blending machines it is changed to pellets (diameter: 6–25 mm) and screened by a two-story roller screen. Pellets solidify in an induration tunnel or furnace at 1280 °C. The Lime Production Plant receives limestone from the Hozmahi mine, which is then calcinated in two rotary kilns at 780-1050 °C. After screening, calcinated lime may be used in the Lime Plant, consumed in the Palletizing Plant, Briquet Unit or for industrial water production.

At the direct reduction plant, pellets are charged in Midrex[4] shaft furnaces after misco-grain screening (less than 5mm). Two reducing gases (derived from cracking natural gas or methane, consisting of CO and H2) are injected into the furnace, combine with oxygen from the pellets resulting in CO2 + H2O. Without oxygen, pellets become sponge irons. After screening, sponge irons are transferred to the Steel Plant. Sponge irons with a diameter less than 5 mm go to the briquet unit to produce briquets (diameter above 25 mm). Then, they are transferred to the Steel Plant with the sponge iron.

Steel making and continuous casting plant

The steel making & continuous casting Plant has eight electric arc furnaces receiving sponge iron and other additives. They are melted with about 15% scrap in the furnace, which has a capacity of 180–200 tons. The plant also has four (to be increased to eight in current revamping) ladle furnaces and one (to be doubled) degassing vessel, used to adjust the final chemical mix and purity, as well as adjusting casting temperature. Additionally, there are four continuous slab casting machines, each having two arc casting strands (radius: 10.5 m). They produce the plant's final product, called slabs. These slabs are 10 m long, 20 cm in thickness and 65–188 cm (adjustable) width. Slab production capacity is 4,200,000 t/yr (revamping year 2000), to be increase in steps to 5,400,000 and 7,200,000 MTPY. Slabs are manually cooled and scrafed in the Slab Cooling & Conditioning plant.

Products

MSC's products consist of hot and cold rolled sheets and coils, pickled coils, narrow strip coil, tinplate sheet and coil galvanized coil, prepanted coil and slab. These products are produced according to national and international standards. They meet the needs of various industries such as: automotive, home appliances, pipe making, pressure vessels, foodstuff, chemical material and medical packing, construction, transportation, naval industries, and heavy metal equipment.

Expenses and investment: 2007

Expense[5]Cost
Waste Water Treatment Units37,710,000,000 Rials
Correction fans (furnaces 1,2,7,8)11,874,456,000 Rials
Installing Dust collector (Palletizing unit)1,244,484,380 Rials
Water spraying Equipment on deposits630,000,000 Rials
Screen dust collector (DR)2,170,000,000 Rials
Correcting Palletizing dust collector11,378,860,000 Rials
Environmental Plans16,755,000,000 Rials
Total91,752,800,380 Rials

Sales channels

Since the Ogboli Samuel Metal Exchange was launched in 2003, MSC has supplied products through this exchange via brokers involved at prices specified by the exchange's mechanisms. Interested buyers contact brokers, inform the amount of their requirement, offer prices, and get more information regarding the purchase.

Some products are sold directly to factories and plants via the sales departments under the following specifications: (1) applicant is a direct consumer; (2) applicant's minimum annual consumption is 1,000 tons hotrolled and 500 tons coldrolled products; (3) ability to purchase on a regular basis.

Export department

MSC's export department has focused on increasing confidence in international markets. It has attained a just-in-time delivery plan for markets in Europe, Canada, Latin America, South East Asia, the Middle East and Africa. To meet challenges confronting global markets and achieve new horizons, MSC's export department consolidated efforts to maintain the supply of hotrolled coils and sheets as its export priority plan as well as the export of other products (i.e., coldrolled coil/sheets, pickled products, galvanized and pre-painted coils) to various regional markets.

During the first five months of the Iranian calendar year 1386 AP (March 21 to August 22, 2007), about 1.9 M/t of MSC products were transported to customers, with 460,000 tons of products worth more than $500 million exported. Over 14,000 tons of special products including ST52, coldrolled products, car bodies (MB), galvanized and color coated products were exported to various countries like Iraq, Pakistan, the United Arab Emirates, Italy and Armenia.

Development

In 1999, MSC expanded its hotrolled coil capacity to 3.1 million metric tons/yr from 2.5. Also, a sixth direct-reduced iron plant was proposed for Mobarakeh.[6] In 2002, expansion of hot-rolled coil capacity increased to 4.2 Mt/yr from 3.1 Mt/yr. Additional proposed facilities included a 400,000-t/yr cold-rolled mill and a 120,000 t/yr tinplate line in addition to the development of the 3.2-Mt/yr Chegharat iron mine.[7]

Shareholders

  1. Iran Mines and Mineral Industries Development and Renovation Organization
  2. Welfare Capital Development Company - Private Joint Stock
  3. Commercial Bank
  4. Sadra Tamin Investment Company - Public Joint Stock
  5. Rural and Nomadic Social Insurance Fund
  6. Tehran Province Investment Company
  7. Behsazan Tadbir Zangan Energy Company - Private Joint Stock
  8. Khorasan Razavi Province Investment Company
  9. National Pension Fund
  10. Saba Capital Development and Management Company - Private Joint Stock
  11. Khuzestan Province Investment Company
  12. Eurasian Economic Planners Investment Company

Manufacturing units

FacilityLocationCapacityCommodityProcessThickness
Iron PlantLCpsponge ironPrT
Steel PlantL180-200steel, iron scrapP2200 mm
Hot strip millL8787630,000coil4 furnaces1.5–16 mm
Cold rolling millL611,000coil, sheetcoldrolling0.3–3.0 mm
Tinning LineL100,000coil sheetelectrolytic cleaningT
Galvanizing lineL200,000coilhot dippingT
Compact Strip PlantSaba2.8Mcoils, sheetshotrollingT
Prepainting LineL1457689*00,000coilRoller coatingT
Pelletizing PlantL1.4MpelletsP2200 mm
Direct-reduction PlantL2.1Msponge iron
Limestone PlantHozmahilime2 rotary kilns

See also

Notes

  1. ↑ "اعضای جدید هیئت مدیره فولاد مبارکه معرفی شدند".
  2. ↑ "Corruption Investigation Rocks Iran's Largest Steelmaker, Pins Graft On Rohani Administration".
  3. ↑ "Accused of corruption, Iranian steel giant Mobarakeh Steel Company in turmoil".
  4. ↑ Midrex Technologies Inc.
  5. ↑ expenses does not include current and research expenses.
  6. ↑ Metal Bulletin, 2000d, 2001
  7. ↑ P. Mobbs (2002)

References

Wikimedia Commons has media related to Mobarakeh Steel Company.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.