Khouzestan Oxin Steel Company

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Khouzestan Oxin Steel Company
Company typePublic company
IndustrySteel
Founded2005 in Ahvaz, Iran
Headquarters,
Websiteoxinsteel.ir

Khouzestan Oxin Steel company (Persian: شرکت فولاد اکسین خوزستان) is an Iranian steel company[1] that produces various types of steel sheets needed to manufacture storage tanks for petroleum products and other steel products. Oxin Steel was founded in 2005 and began mass production in 2009. Currently, the company's production capacity is equivalent to one million tons of steel products per year.[2] The company's head office and manufacturing plant are located in Ahvaz.[3] From 2009 to 2021, the company's annual production was about 700,000 tons, while its stated capacity is one million and 50 thousand tons.[4]

History[edit]

In response to the need and completion of the supply chain for industries requiring wide steel sheets and heat treatment operations such as oil, gas, petrochemicals, marine industries and machinery manufacturing, as well as to meet the needs of Iran's strategic industrial products, Khouzestan Oxin Steel Company was established in 2005. The company started mass production in 2009.[5] After its establishment from 2005 to 2008, the plant installation operations took place. In 2009, the plant was launched and started operating, and in 2010, mass production began. In 2012, it surpassed the production threshold of 600 thousand tons. Also in 2013, it launched heat treatment furnaces and production of specialty products, and was introduced by the Iran Standards Organization as the top steel company in the country.[6] Organizational values, quality focus, teamwork, meritocracy, customer orientation, continuous improvement and social responsibility are considered as this company's organizational values.[7]

Products[edit]

53% of the products manufactured by this company are used in oil and gas transmission lines, more than 30% are related to companies producing pressure vessels and tanks for oil and gas storage, and about 10% are used in building materials. The nominal capacity of Oxin Steel Company is one million and 50 thousand tons per year. The nominal production capacity of sheets in this company is announced to be 1,050 thousand tons per year, about 210 thousand tons of which have the possibility of heat treatment operations. The raw material consumed in this company is steel slabs supplied from continuous casting steel plants. The dimensions of these steel slabs are 110 to 130 millimeters in thickness, 1,200 to 2,200 millimeters in width and 3,000 to 4,500 millimeters in length.[8]

Notes[edit]

  1. ^ "فولاد اکسین یکی از ۶ کارخانه حرارتی جهان". donya-e-eqtesad.com (in Persian). Donya-e-Eqtesad. July 6, 2014. Retrieved December 20, 2023.
  2. ^ "تاریخچه فولاد اکسین". www.oxinsteel.ir (in Persian). Oxin Steel Website. Retrieved December 20, 2023.
  3. ^ "سهامداران شرکت فولاد اکسین برای بورس شدن این شرکت به توافق رسیدند". irna.ir (in Persian). IRNA. July 1, 2014. Retrieved December 20, 2023.
  4. ^ "آمادگی برای اجرای طرح توسعه فولاد اکسین خوزستان". donya-e-eqtesad.com (in Persian). Donya-e-Eqtesad. January 17, 2022. Retrieved December 20, 2023.
  5. ^ "Introduction of Oxin Steel Company". oxinsteel.ir (in Persian). Khouzestan Oxin Steel Company. Retrieved December 20, 2023.
  6. ^ "Introduction of Khouzestan Oxin Steel Company". oxinsteel.ir (in Persian). Khouzestan Oxin Steel Company. February 22, 2022. Retrieved December 20, 2023.
  7. ^ "Khuzestan Oxin Steel Company Strategic Map in Infographic". oxinsteel.ir (in Persian). Khouzestan Oxin Steel Company. Archived from the original on February 20, 2022. Retrieved December 20, 2023.
  8. ^ "شرکت فولاد اکسین خوزستان معرفی کامل شرکت و محصولات تولیدی آن". fooladiranian.com (in Persian). foolad-e Iranian. February 20, 2022. Retrieved December 20, 2023.