Khuzestan Steel Pervasive Development Group Company

What Khuzestan Steel Pervasive Development Group Company does

Khuzestan Steel Pervasive Development Group Company is a publicly listed specialized holding company registered with the Securities and Exchange Organization of Iran and traded on the Tehran Stock Exchange under the ticker "هلد فولاد" (Hold Foulad). It was established in 2014 to supervise and coordinate the subsidiary portfolio of Foolad Khuzestan (KSC), Iran's second-largest steel producer and largest supplier of steel billet. The group operates 15 subsidiaries and 4 affiliates spanning the full steel value chain — mining and mineral development (Toseh Madan Foulad Khouzestan, Sanabad, Pishgaman Foulad Shargh), pelletizing and steelmaking (Foolad Khuzestan, Foolad Shadegan, Sarcheshmeh Copper/Simadco), logistics and rail (Foulad Logistics, Locomotive Rail Arvand), engineering and consulting (Idea Pardazan Sanat Foulad, Mohandesin Pishgaman Foulad Jonoub), and support services including ICT (Aisa Faragir Vira), insurance (Taamin Atiyeh Faragir), and sports/culture.

The group's core revenue model is supervisory value-chain coordination across its industrial subsidiaries, with primary monetization occurring at the operating-company level through steel billet and intermediate product sales. Pricing is market-based and largely transactional: domestic sales route through the Iran Mercantile Exchange (IME) and Tehran Stock Exchange to industrial buyers and traders, while international sales go directly to buyers in 28 countries across five continents (5.8 million tons exported 1401–1404, with a single-year shipment of 2 million tons valued at $1.3 billion in 1401). For FY 1403 (ending March 2025), consolidated revenue exceeded 32 trillion toman and parent-level net profit reached ~2 trillion toman, up 78% year-over-year; interim H1 FY 1404 reported ~15% revenue growth with a matching 15% gross margin improvement.

The go-to-market is institutional and B2B, with limited direct consumer engagement. Distribution relies on the IME exchange, direct export channels, and corporate communications via the company website, CODAL regulatory disclosures, and exhibitions such as Iran Metafoo and Iran Expo 2025. The group is positioned as a knowledge-driven industrial holding, evidenced by domestic engineering achievements including TAFCO's Tafgard slag ball (Iran's first indigenously designed refractory of this type) and Iran's largest wind fence dust-control installation covering 37 hectares at Khuzestan Steel. Operational scale is significant: 100,000+ direct and indirect employees across the value chain, 325 employees at the holding level, registered capital of 80 trillion rials, and a stated long-term production target of 13.6 million tons by 1410 (2031).

Name

Khuzestan Steel Pervasive Development Group Company

Legal name

شرکت گروه توسعه فراگیر فولاد خوزستان (Khuzestan Steel Pervasive Development Group Company)

Website

https://faragirgroup.ir

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

Khuzestan Steel Pervasive Development Group Company is a publicly listed Iranian holding company that supervises 15 subsidiaries and 4 affiliates of Foolad Khuzestan across the full steel value chain — from mining and pelletizing through steelmaking, logistics, engineering, and support services — serving industrial buyers domestically via the Iran Mercantile Exchange and internationally across 28 countries.

Ownership category

akta.pro rank

Product category

Steel Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (33111), Iron Ore Mining (21221)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Integrated Steelmaking (BF-BOF) (IMAKABAA)

akta.pro secondary industries

Iron Ore Pelletizing & Agglomeration (Pellets, Sinter Feed, Lump) (IMAKAAAE), Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning) (IMAKAAAB), Health, Safety & Risk Engineering (Process Safety, HAZOP/HAZID, Emergency Systems) (IMAKAOAO), Brownfield Expansions & Sustaining Capital Projects (Debottlenecking, Upgrades) (IMAKAOAJ)

Keywords

• Steel value chain management
• Steel billet production
• Iron ore mining
• Industrial holding company
• Steel manufacturing services

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Subsidiary management and value chain coordination: As a specialized holding company (مادر تخصصی), the group generates revenue through supervising and coordinating its 15 subsidiary companies and 4 affiliate companies across the full steel value chain — from mining and iron ore processing to steel production, logistics, ICT, insurance, culture, sports, and consulting services. The group's parent, Khuzestan Steel (KSC), is Iran's second-largest steel producer and largest steel billet supplier.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Khuzestan Steel Pervasive Development Group Company is a publicly listed specialized holding company supervising 15 subsidiaries and 4 affiliates across the full steel value chain, from mining and iron ore processing through pelletizing, steelmaking, and billet/bloom production, alongside logistics, ICT, insurance, engineering consulting, and sports/cultural services. The group's primary outputs are steel billet, sponge iron, iron ore pellets, and steel blooms sold domestically via the Iran Mercantile Exchange and exported to 28 countries. It also develops proprietary industrial products including the indigenously designed Tafgard slag ball and the Wind Fence environmental dust-control system.

Product overview

Khuzestan Steel Pervasive Development Group Company is a publicly listed holding company (registered with the Securities and Exchange Organization) managing a portfolio of 15 subsidiary and 4 affiliated companies across the steel value chain. The company provides supervisory and governance services for its subsidiaries including steel production (Khouzestan Steel, Shadegan Steel Industry), mining development, ICT services (Aisa Faragir Vira), insurance (Taamin Atiyeh), logistics (Foulad Logistics, Rail Arvand), engineering consulting (Pishgaman Foolad Jonub), and cultural/sports (Future Makers). The group also develops industrial products such as slag balls (تافگارد) and wind fence systems (وین‌فنس) for environmental protection, positioning itself as a knowledge-based organization capable of exporting steel production technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Steel Billet (شمش فولادی) Intermediate steel product (billet) produced by Foolad Khuzestan, sold to domestic traders via IME and to international industrial buyers in 28 countries across five continents. Khuzestan Steel is the largest billet supplier in Iran.
• Sponge Iron (آهن اسفنجی) Direct-reduced iron product produced by group subsidiaries as feedstock for steelmaking, transacted via the Iran Mercantile Exchange.
• Iron Ore Pellets (گندله سنگ‌آهن) Iron ore pellets produced by subsidiary Simadco for use in the steel value chain, with reported production and sales growth in the latest reporting period.
• Steel Blooms (شمش فولادی از فولاد شادگان) Steel blooms produced by subsidiary Foolad Shadegan (صنعت فولاد شادگان), expanding the group's steel product portfolio and supporting the target of 13.6 million tons production capacity by 2031 (1410).
• Tafgard Slag Ball (گوی سرباره‌گیر تافگارد) First domestically designed and manufactured slag ball in Iran, produced by TAFCO subsidiary. A gyroscopic refractory product made of alumina and magnesia oxide that operates at approximately 1,800°C, controlling molten steel flow and preventing slag contamination. Targets steel mills seeking to increase steel purity, reduce heat loss, save energy, accelerate production, and reduce raw material consumption.
• Wind Fence (Vin-Fens / وین‌فنس) Dust Control System Industrial-scale wind fence dust-control installation covering 37 hectares with 3,000 meters of installed fence at 28 meters height, reducing wind-blown dust by over 80% in storage and handling areas. Implemented as Iran's largest environmental project of its kind at Khuzestan Steel.

Quantifiable outcome

• 31.4 million tons steel production in Iran (1403), ranking 10th globally for 7 consecutive years
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• TOP Consortium (کنسرسیوم تاپ)coreStrategic or Co-development Partner · 25 February 1404Three-party agreement between TAFCO (قطعات و تجهیزات و ساخت پروژه‌ها), Idea Pajohanan Foulad (اجرا، نصب و راه‌اندازی پروژه‌ها), and Mohandesin Moshavar Pishgaman Foulad Jonoub (مهندسی، طراحی و مطالعات فنی) to create a specialized consortium with synergistic technical, engineering and execution capabilities for national, industrial and international projects.
• Khuzestan Steel Company (فولاد خوزستان)coreStrategic or Co-development PartnerKhuzestan Steel is the main shareholder and parent company of the group. The group was established with the mission of supervising Khuzestan Steel's subsidiary companies. KSC is Iran's second-largest steel producer and largest steel billet supplier.
• Subsidiary companies (15 subsidiaries and 4 affiliates)coreStrategic or Co-development PartnerThe group holds 15 subsidiary companies (شرکت‌های فرعی) and 4 affiliate companies (شرکت‌های وابسته) across the steel value chain. Key subsidiaries include: Sarcheshmeh Copper (سیمیدکو) — pellet production; Sanati Foulad Shadegan (صنعت فولاد شادگان) — steel production; TAFCO (تافکو) — economic development; Idea Pajohanan Foulad (ایده‌پردازان صنعت فولاد) — engineering; Mohandesin Moshavar Pishgaman Foulad Jonoub (مهندسین مشاور پیشگامان فولاد جنوب) — engineering consulting; Foulad Logistics (فولاد لجستیک) — transportation; Locomotive Rail Arvand (لکوموتیو ریل اروند) — rail logistics; Taamin Atiyeh Brokerage (تأمین آتیه فراگیر) — insurance; Aysa Faragir Vira (آیسا فراگیر ویرا) — ICT; Tosee Eghtesadi Faragir Vafa (توسعه اقتصادی فراگیر وفا) — sports/culture; Tosee Ma'denan Foulad Khouzestan (توسعه معادن فولاد خوزستان) — mining.
• Iran Ministry of Industry, Mine and Trade (وزارت صنعت و معدن و تجارت)coreStrategic or Co-development PartnerThe group and its parent company operate under the supervision and regulatory framework of Iran's Ministry of Industry, Mine and Trade (IMIDRO is also listed as a related link).
• IMIDRO (ایمیدرو) — Iranian Mines and Mining Industries Development and Renovation OrganizationminorStrategic or Co-development PartnerIMIDRO is referenced as a related organization on the company's website, indicating a regulatory/supervisory relationship with the state-owned mining and metals holding organization.
• Iran Mercantile Exchange (IME)coreChannel Partner/ Reseller/ DistributorKhuzestan Steel (parent company) sells its products (billet, sponge iron) through Iran's Iran Mercantile Exchange, the primary commodities exchange platform.
• Tehran Stock Exchange / Securities and Exchange OrganizationcoreChannel Partner/ Reseller/ DistributorThe group is registered as a specialized holding company (شرکت مادر تخصصی) under the Iran's Securities and Exchange Organization (SEO) and its shares are traded on the Tehran Stock Exchange.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Tata Steel: Globally diversified integrated steel producer with captive iron ore and a comparable blend of mine, pellet and steel operations; a broad incumbent comparable to KSC on vertical integration and on billet/slab export orientation.
• ArcelorMittal: World's largest integrated steelmaker; serves as the international incumbent benchmark for integrated steel value-chain economics, scale, and billet-export positioning relative to KSC's #10 global ranking.
• National Iranian Steel Company (NISCO): State-owned holding entity under IMIDRO that oversees multiple Iranian steel assets; sits one organizational layer above Khuzestan Steel's parent and is the closest broad incumbent comparable to the Faragir holding structure.
• IMIDRO (Iranian Mines and Mining Industries Development and Renovation Organization): Iran's state holding for mining and metals; explicitly linked on the company's website as a related/regulatory organization and serves as the broader sectoral incumbent overseeing many of the same value-chain assets.

Direct peers

• Isfahan Steel Company (ESCO): One of Iran's major integrated steel producers and a long-standing competitor to Khuzestan Steel in long products and billet; comparable vertically integrated structure with captive iron ore supply and similar reliance on IME for distribution.
• Chadormalu Mining and Industrial Company: Major Iranian iron ore and pellet producer supplying steel mills including KSC; operates in the same upstream value chain step as the group's Simadco pellet subsidiary and competes for pellet-feed customers.
• Mobarakeh Steel Company: Iran's largest steel producer and the country's biggest flat-product and slab supplier; competes directly with Khuzestan Steel for domestic billet market share and export channels, operates as the natural #1 benchmark to KSC's #2 position within the same national market.
• Gol Gohar Mining and Industrial Company: One of the largest iron ore concentrate and pellet producers in Iran; directly comparable to the group's mining and pelletizing subsidiaries and a key upstream supplier/competitor for the domestic steel value chain.

Regional players

• JSW Steel: India's largest integrated steel producer and a fellow emerging-market steel champion with vertically integrated iron-ore-to-billet operations; comparable scale trajectory and export-driven growth profile even though it does not directly compete with KSC in Iranian domestic channels.
• Hesteel Group (HBIS): China's largest steelmaker with a strong presence across the integrated iron and steel value chain; useful regional-peer benchmark for the scale and export ambition Khuzestan Steel targets under its 13.6 Mt 2031 plan.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/khuzestan-steel-pervasive-development-group-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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Frequently asked questions about Khuzestan Steel Pervasive Development Group Company