Reported by Chilan – the media outlet of the Iranian Steel Producers Association
The financial statements of major Iranian steel companies for the fiscal year ending March 19, 2025, show a significant decline in net profits across the sector.
Companies such as #Foulad, #KavandNahan (Konar), #Arfa, #FouladGhadir, and #FouladAlborz experienced drops in profitability ranging from 3% to 49%. In contrast, only two companies — #KhorasanSteel (Fakhas) and #FooladJahan (Fajehan) — recorded positive growth of 31% and 18%, respectively.
🔻 Esfahan Steel Company (#Zob) posted a net loss of 141%, the steepest decline among the steel value chain. On the other hand, Khorasan Steel (#Fakhas) led the sector in profitability with a 31% increase.
❗️ The main reasons cited for this profitability decline in the steel chain include:
