Khorasan Steel Complex
Khorasan Steel Complex Company is a Tehran-listed integrated steel producer operating near Neyshabur in Razavi Khorasan Province. Founded in 1989, it converts iron inputs into pellets, direct reduced iron, billets and reinforcing bar. Its vertically connected asset base is relevant to buyers, suppliers and investors evaluating northeastern Iran’s long-steel supply chain.
Operations & footprint
Products and services
Khorasan Steel Complex produces steel products and upstream steelmaking materials including billets, rebar, sponge iron, pellets, direct reduced iron, and related steel-chain outputs. Its operations are connected to eastern Iran's construction demand, steel raw-material flows, energy-intensive production, rail and road logistics, export markets, and regional industrial employment.
Operations and assets
The Neyshabur complex includes one 2.5 million-tonne-per-year pelletizing plant, two direct-reduction plants with combined 1.6 million-tonne annual capacity, two steelmaking plants with combined 700,000-tonne billet capacity, and two rebar lines with combined 550,000-tonne annual capacity.
Geographic footprint
Operations are centred in Neyshabur, Razavi Khorasan Province, Iran.
Commercial and investment relevance
Khorasan Steel Complex is relevant for investors assessing Iran's eastern steel capacity, construction-material supply, DRI and billet flows, export channels, commodity-exchange exposure, and regional industrial demand. It can support analysis of steel margins, energy shortages, water stress, rail and road logistics, eastern-market demand, and cross-border sales potential. Due diligence should review latest listed disclosures, electricity and gas availability, raw-material sourcing, water access, export restrictions, product pricing, working capital, and customer concentration. The integrated asset base makes the company a potential counterparty for iron-ore and pellet inputs, gas and industrial-service providers, logistics operators, billet buyers and rebar distributors. Its product chain also provides a direct link between upstream iron processing and finished construction steel.
Constraints, risk & compliance
Key risks and constraints
Production continuity and margins depend on the availability and cost of energy and water, as well as reliable supply of iron-bearing feedstock for pelletizing and direct-reduction operations.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Khorasan Steel Complex Company produce?
The company produces iron-ore pellets, direct reduced iron (sponge iron), steel billets and reinforcing bar.
Where is Khorasan Steel Complex located?
Its main complex is 15 kilometres west of Neyshabur on the Mashhad–Neyshabur road in Razavi Khorasan Province, Iran.
Is Khorasan Steel Complex listed?
Yes. The company is listed on the Tehran Stock Exchange under the symbol فخاس (FKHAS).
What are Khorasan Steel Complex’s stated production capacities?
Its stated annual capacities are 2.5 million tonnes of pellets, 1.6 million tonnes of DRI, 700,000 tonnes of billets and 550,000 tonnes of rebar.