Natanz Steel Plant

Natanz Steel Plant (Persian: مجتمع کارخانه هاي فولاد نطنز Mojtame`-ye Kārkhāneh Hāy Fūlād-e Naţanz) is a village and company town in Karkas Rural District, in the Central District of Natanz County, Isfahan Province, Iran. At the 2006 census, its population was 5, in 4 families.[1] The Natanz Steel Plant was started in 1994 and began production in 2002.

Natanz Steel Plant

مجتمع کارخانه هاي فولاد نطنز
village/company town
Country Iran
ProvinceIsfahan
CountyNatanz
BakhshCentral
Rural DistrictKarkas
Population
 (2006)
  Total5
Time zoneUTC+3:30 (IRST)
  Summer (DST)UTC+4:30 (IRDT)
Websitehttp://www.natanzsteel.com





Steelworkers Strikes

Steelworkers in Natanz held several protests inside the company in 2018 after they did not receive 10 months of salary before the Iranian New Year in March 2018.[2] This resulted in steelworkers gathering at the factory ground and holding a demonstration. The governor of Natanz, Yusef Baferani held mediation between steelworkers and NSC.[3] In 2018 the steelworkers' insurance was cut after payments from NSC to the insurance provider was halted. [2] This issue received local coverage, with the Isfahan Municipality, the governor of Natanz and the parliamentary representative of Natanz expressing public sympathy for steelworkers.[3]

Products

Natanz Steel Plant's products consist of coils and rebar. These products are produced according to national and international standards. They meet the needs of various industries such as: automotive, home appliances, pipe making, pressure vessels, foodstuff, chemical material and medical packing, construction, transportation, naval industries, and heavy metal equipment.

Development

In 1994, NSC was established in Karkas District owned and managed by Javad Tavakoli Torghi. Production at NSC began eight years later in 2002 with steel rebar products.

Debt Scandal

In 2019 Tejarat Bank publicized a debt report in which it released the names its debtors in which several steel companies stood out. In this report, the person of Javad Tavakoli holds first place on the list with an outstanding debt of 18.07 trillion Rials or 150 million dollars.[4] The Mobarakeh Steel Company also held debts to Tejarat Bank. MSC debts stood at 6.3 million dollars in pure debt and 17.8 million dollars in non-pure/mutual debts at a total of 24.1 million dollars.[4]

Foolad Natanz F.C

Foolad Natanz F.C is an Iranian football club based in Natanz, Iran. It was founded in 2010 by purchasing the license of Sepahan Novin Football Club. The team was dissolved in 2011 and relegated. [5]

References


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