Project: Silicon Steel Plate Production, Feasibility Study
Client: Petropart Industrial Projects Company
Background: Silicon steel plates, known for their high magnetic properties and low energy dissipation, were at the time fully imported into Iran. The feasibility study focused on a detailed Iranian market analysis, comparison of local production costs versus import costs, and identification of the optimal production technology.
Actions: Initial desk studies revealed that significant annual expenditures are made in the United States, Japan, and Germany on Research & Development projects aimed at optimizing production technologies. Further investigation highlighted that silicon steel plates, typically 0.35–0.50 mm thick, are widely used in the electrical industry, particularly in transformer cores.
Results: Between 2001 and 2009, average annual imports of electrical steel to Iran totaled around 40,000 tons, indicating substantial domestic demand. Cost assessments showed that, with current technologies, local production costs in Iran would be lower than the cost of imports.
