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ESTABLISHING THE WESTERN BIGGEST PRIVATE UNIT


THE BIGGEST STEEL PLANT IN THE WEST OF THE COUNTRY

Introduction

The production and consumption of steel is one of indices of development for any economies and especially in our country Iran, It also plays a very important role in the country self-sufficiency. Steel industry is very strategic at this period of time. Thus, the nominal over all capacity crude steel production for year 2025 is anticipated 55 million MT per annum in the   Steel Development Perspective Plan.  Accordingly, the rate shall be increased 2.5 million MT every year till 2025. Therefore, the macro-political decision makers and all the subordinate  organizations shall abide  and support  this plan for actualization.

Amir Kabir Arak Steel Project Overview:

We have received finance package from  Iran National Development  Fund   for  implementing  the  project  of 450,0000 MT DRI by  coal based SLRN Technology  (most popular in India) which is associated with 36 MW Waste Heat Recovery  Power plant  and 500,000  MT steel making plant.

Our expansion policies are targeted to reach a point of self-sufficiency and independence in Iran steel market. It is also estimated that AKAS Co. will create at least 750 direct jobs and 3000 indirect jobs in the region which will have a significant economic impact in Markazi Province and also will influence many other industries such as domestic transportation, construction, industry, and eventually a boom in our country economy.  

The Objectives of the Project:

Steel is crucial to the material development of any modern economy .All major economies are not only characterized by existence of a strong steel industry but the growth of this industry is a developmental index. In line with our country’s development plans in steel industry and by the same token, following our business expansion policies; we intend to set up a self-sufficient cycle of raw material to the finished product. In other words, we are trying to have a complete solution form upstream to downstream.   

 

The Project Location:

This project and will be launched in KheirAbad Industrial Town, Arak, Markazi Province which is in the in the center of the country and the site has all required infrastructures and access to the main roads, rail road as well as utilities.