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MSC keeps producing steel products to meet needs of domestic industries
In the meeting, the managing director of Mobarakeh Steel Company presented a report on the performance of his company and said, “Despite the obstacles and problems the enemies have thrown in the way of the economy and the industry sector in the country, fortunately MSC has ridden out the tough conditions thanks to official support and round-the-clock efforts of the company’s management and staff members. In line the Supreme Leader’s instructions, the company is still producing different products and meeting the needs of industries at home.”
Hamidreza Azimian further said in the year to March 20, 2019 the company’s capital rose to 13 trillion tomans from a previous 7.5 trillion tomans. “The company has aims to increase its capital to 20 trillion tomans in the future.”
He said the company is materializing its goals in all plants and units. “Domestic steelmakers, including MSC, can successfully wean the country off its dependence on steel imports if the raw materials they need are supplied.”
The systems responsible for taking orders from customers and delivering products to customers are operating – as usual – with precision, speed and discipline in the company. “For sure, we will be able to constantly satisfy domestic needs in cooperation with other sectors, especially the one in charge of supplying iron ore and parts.”
Selling raw materials will earn the country no added value, he said. “Although sometimes exporting raw materials is appealing, it will definitely do huge damage to national economy and businesses in the country.”
The MSC chief went on to highlight the importance of development and the use of modern technologies in the industry sector’s production lines and said, “Luckily MSC is thoroughly pursuing and implementing its expansion projects in a bid to complete its production chain.”
Azimian praised as “intelligent and timely” the Supreme Leader’s strategy of boosting production and said the functioning of domestic industries and a production boost will inject a sense of hope, dynamism and vibrancy into society. That’s why Mobarakeh Steel Company is doing what it takes to adopt this strategy.”
He credited mutual cooperation between state officials and the industry sector as one of the effective ways to overcome economic restrictions, especially in the industry sector and said, “Under current circumstances, cooperation and public support is what the country needs more than anything else.”       
Azimian pointed to the position of his company in the steel industry and said MSC’s progress and development, both in upstream and downstream areas, will bring about growth and development for a number of major industries at home.

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