Neyriz Ghadir Steel Complex is one of the most recent iron and steel making plant established in Iran to provide the steel makers with DRI and the rolling mill plant with billet. This complex includes both the iron ore reduction and steel making division where direct reduced iron (DRI), aka sponge iron is the product of the direct reduction of iron ore to iron utilizing a reducing gas. The reducing gas is derived from natural gas turned into H2 and Co and in the course of traveling over Iron ore, it turns into sponge Iron.

With a total production of 800,000 tons DRI a year and a very good and approved quality, this plant is among the most efficient and highest performance of its kind. The steelmaking project is currently run to produce around 1,000,000 tons of billet at the time of operation inauguration.