Manian Steel Company

Established in 2021 as a member of the Farzanegan Fars Nikoo Group, Manian Steel Company is located on a 6-hectare site in Khorramdasht Industrial Park, Takestan, Qazvin Province. The company holds the distinction of being Iran’s first and only producer of bimetal coils, marking a significant achievement in the country’s industrial and materials engineering landscape.

Manian Steel was founded with the strategic objective of completing the Group’s automotive value chain and reducing dependency on imported raw materials. By doing so, it not only supports domestic industrial resilience but also contributes to foreign currency retention, while generating export revenue from surplus production.

Equipped with state-of-the-art production lines, advanced laboratory facilities, and staffed by experienced engineers, Manian Steel is playing a vital role in meeting the material needs of Iran’s automotive sector. One of its key beneficiaries is Iran Bearing Bush Company (IBBC), which relies on Manian Steel for critical raw materials.

With its operations now underway, Manian Steel is expected to prevent the annual outflow of nearly $10 million in foreign currency, reinforcing its role as a strategic industrial asset to both the Farzanegan Group and the broader national economy.