General Info
Title Shemsh Steel Complex of Mahmoudabad
Section industry
Sub Section mining

General Info
Product / Service Steel ingot
Location Industrial estate
Brief Description Now more than one third of the world's steel is recycled from scrap materials. According to the Worldwide Association's analysis in 2008, more than 1.4 billion tons of metal (aluminum, arsenic, cadmium, chromium, copper, gold, lead, mercury, nickel and steel) was produced worldwide, which is twice as much as the metal produced in the year 1970 and seven times more than production in 1950. At present, recovered steel accounts for 35% of the total steel produced, which saves energy needed to produce crude steel. In addition, the recovery process reduces the need for Extraction of metals that has a damaging effect on the environment, as the production process results in a large amount of waste and contaminated material and coatings This project consider to production of steel ingots of sponge iron and briquettes and all sorts of scrap in the domestic and foreign markets and converted into all kinds of steel ingots through induction furnaces and through continuous casting, An area of 15,000 square meters is applicable.
Annual capacity 100000 ton per year
Type Establishment
More Info

Contact Info
Company North ingot Complex
Liaison abolhasan barzegar, ebrahim barzegar, gholam hosein barzegar
Address Mahmoud Abad - Mahmood Abad Industrial Estate in Mazandaran
Tell 09113210749
Company\'s legal structure private sector

The availability of raw materials 100 %
Market for local products 0 %
Foreign product market 100 %
Duration 1 year

Project Status
Feasibility study available Yes
required amount is provided Yes
legal permits has been taken Yes
Contracts with investors No
Financing agreement concluded No
Contracts with contractors No
Access to production infrastructure Yes
List of companies manufacturer / supplier of technology, machinery and equipment are available Yes
technical knowledge, machinery and equipment signed No

Status of Funds
Description Domestic financial resources needed

Foreign Financial resources needed

total resources required

Million Rials Rial rate Million euros
Fixed capital 234302 35000 7 10 17
capital in circulation 19175 35000 1 35000 1
Total capital 253477 35000 7 10 17

Financial Structure
Value of foreign equipment and machinery 9.68
The value of domestic machinery and equipment 0.21
The value of foreign technology 0
The value of domestic technology 0
NPV 5.6
IRR 29 %
PP 3 Year