Khuzestan Steel Pervasive Development Group Company

Khuzestan Steel Pervasive Development Group Company has been established on 16 January 2014 with ten billion rials capital In the form of a special share and with the approach of carrying out activities in commercial fields in order to supply raw and auxiliary materials for steel production and also to export the products of Khuzestan Steel Company (as a major shareholder). At the beginning of April 2014 according to the development policies of Khuzestan Steel Company and the realization of strategic goals in line with the sustainable supply of raw materials, investment and purchase of shares of two central iron ore companies and Shadgan Steel Industry was made. With the expansion of investments, the major shareholder decided to create an investment holding in order to plan and manage subsidiaries to achieve the goals and vision of the group in order to increase productivity, competitiveness, agility and ultimately increase profitability. In this way, Khuzestan Steel Comprehensive...