Arfa Iron and Steel Company
Arfa Iron and Steel Company is an Iran Fara Bourse-listed steelmaker headquartered in Tehran with an integrated production complex in Ardakan, Yazd Province. It produces Midrex sponge iron, sponge-iron briquettes and continuous-cast steel billets. The company is a relevant counterparty for pellet, energy, industrial-gas, logistics and downstream steel-market participants.
Operations & footprint
Products and services
Arfa Iron and Steel Company produces sponge iron, steel billets, industrial gases, and steelmaking-related products through direct reduction and electric arc furnace operations. Its business connects iron ore and pellet inputs, energy-intensive steel production, Yazd’s mining-industrial corridor, downstream rolling mills, commodity-market demand, and export-sensitive steel supply chains.
Operations and assets
The Ardakan complex includes an 800,000-tonne-per-year Midrex direct-reduction unit, an 800,000-tonne-per-year billet steelmaking unit, a 180-tonne electric arc furnace and a six-strand continuous caster. The direct-reduction unit is designed to consume 1.1 million tonnes of pellets annually and produces sponge iron and briquettes for steelmaking.
Geographic footprint
Corporate headquarters are in Tehran; manufacturing operations are located 25 km along the Ardakan–Na'in road in Ardakan, Yazd Province, Iran.
Ownership & group structure
Ownership
Public joint-stock company listed on Iran Fara Bourse under ticker ارفع (ARFA).
Commercial and investment relevance
In the Hormuz investment graph, Arfa Iron and Steel Company connects upstream iron inputs, sponge iron, billet production, energy demand, water stress, Yazd industrial land, downstream steel users, and public-market metals exposure. It is useful for screening steel feedstock chains, supplier relationships, export-sensitive billet markets, energy and water constraints, and industrial concentration around Ardakan. Foreign-facing analysis should verify current production mix, sales channels, export activity, energy access, sanctions exposure, environmental obligations, disclosure data, and counterparty reliability before commercial reliance. Arfa is a direct buyer of iron-ore pellets and a significant user of electricity, natural gas, oxygen, nitrogen, refractory materials and industrial logistics. Its sponge iron, briquettes and billets connect upstream mineral suppliers with electric-arc-furnace steelmaking and downstream rolling customers.
Constraints, risk & compliance
Key risks and constraints
Operations depend on reliable pellet supply, energy availability and water management in Yazd’s arid industrial corridor. Development works cited by the company include a 7,000-cubic-metre-per-day industrial water-treatment plant, additional oxygen and nitrogen storage, material-handling upgrades and the second phase of the Ardakan railway line; stated progress figures are undated.
Sanctions and compliance considerations
Arfa Iron and Steel Company is designated by the U.S. Department of the Treasury’s Office of Foreign Assets Control under the Iran EO 13871 programme and is subject to secondary sanctions. Transactions require sanctions and counterparty screening.
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Connected Intelligence
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Arfa Iron and Steel Company produce?
Arfa produces Midrex sponge iron, sponge-iron briquettes and continuous-cast steel billets in 130×130 mm, 150×150 mm and 200×200 mm sections.
Where is Arfa Iron and Steel Company located?
Its corporate headquarters are in Tehran, while its steel production complex is located near Ardakan in Yazd Province, Iran.
Is Arfa Iron and Steel Company publicly listed?
Yes. Arfa is a public joint-stock company listed on Iran Fara Bourse under ticker ارفع (ARFA).
What sanctions considerations apply to Arfa?
Arfa is designated by the U.S. Treasury’s Office of Foreign Assets Control under the Iran EO 13871 programme and is subject to secondary sanctions.