Zarand Iranian Steel Company (Private Joint Stock Company) was established in 2008 with the investment of Middle East Mines and Mining Industries Development Holding Company (MIDHCO). The main center of the company is located in Tehran and the projects and factories are located in Zarand city, Kerman province. This company includes Jalalabad, Khomrud mines and pellet and concentrate production plants, coke and steel making and the final product of this company is steel.