Mobarakeh Steel Company (MSC, , Foolad Mobarakeh) is an Iranian steel company, located 65 km south west of  Esfahan, near the city of Mobarakeh, Esfahan Province, Iran. It is the largest steel maker of MENA (Middle East & Northern Africa)region, and one of the largest industrial complexes operating in Iran. It was commissioned after the Iranian Revolution in 1979 and initiated operations during 1993. It underwent major revamping during year 2000, and is scheduled for a second and third revamping in 2009–2010, bringing the total steel output to 7,200,000 metric tons per year. The company owns the successful football club, Sepahan.