Est. 2005 · Mobarakeh Steel Group · CBASCO

Pioneer
Special Galvanized Sheet

The Only Dedicated Automotive Galvanized Sheet Producer in the Middle East

Supplier of over 95% of the country's automotive industry requirements, backed by Mobarakeh Steel Group and state-of-the-art European technology

2005
Year Construction Began
+95%
Supplying the Country's Automotive Industry
3
New Annual Grade
1B$
Revenue Horizon Outlook
About Us

Steel of the Future, From the Heart of Chaharmahal

Varagh Khodro Chaharmahal & Bakhtiari (CBASCO) is the largest and most specialized producer of galvanized sheet for the automotive industry in the Middle East. Established in 2005 in collaboration with IRITEC Iran and CMI Belgium using state-of-the-art European technology, it joined Mobarakeh Steel Group as one of its distinguished subsidiaries in 2014.

With the strategic merger with Taraz Company in January 2025, a clearer vision for integrating national capacity in the coated sheet sector has opened up for the country's steel industry.

Year Founded & Construction Started
2005
Collaboration with IRITEC Iran and CMI Belgium Consortium
Inaugurated in November 2010 in the presence of the President
Joining Mobarakeh Steel Group in 2014
Strategic Merger with Taraz Company in 2024
Why Varagh Khodro?

Composition Technology, Experience & Quality

Most Advanced Production Line
Utilizing CMI Belgium technology; one of the most advanced coated sheet production lines in the Middle East.
Growth Under the Umbrella of Mobarakeh Steel
Since 2014, under the patronage of Mobarakeh Steel Group, productivity and production capacity have seen a remarkable surge.
International Collaboration
Partnership with SG Bank of France, CMI Belgium and leading European companies in design and execution.
Supplying 95% of Automotive Needs
Hundreds of domestic automakers and parts manufacturers directly and indirectly benefit from the products.
3 New Grades Annually
High R&D capacity with the annual introduction of new high-strength sheet grades.
Provincial Development Model
Becoming a successful model for industrial policy in less-developed regions of the country.
Horizon 2025–2027

Vision: Largest Galvanized Sheet Producer in the Country

By achieving a minimum annual revenue of one billion dollars, sustainable economic, social and environmental development, and creating value for all stakeholders.