History

Morvarid Persian Industry Development Company was established in 2023 by Morvarid Persian Group in order to invest in the construction of a scrap iron smelting plant to produce 300,000 tons of rebar annually with an investment of about 100 million dollars in Isfahan province under the management of Mr. Saeid Dordari.

In line with the Iranian government’s economic policy, which focuses on reaching industrial self-sufficiency and weaning the country from dependence on imports of strategic products, the company takes advantage of state-of-the-art technology, complies with national and international standards, when it comes to production and industrial management, and employs skilled technical workforce to produce a range of items such as rebar, billets, .
Morvarid Perisan Steel Complex Company is at the vanguard of employing modern technology in the industry sector, applying international standards and making top-quality steel products. The company’s current production capacity stands at 300,000 tons.
Morvarid Persian Steel Complex has created 500 direct jobs and its products are used in the construction sector and development projects as well as in rolling companies.