Fooladcarsystem Company intends to purchase engineering services, machineries, equipment and accessories for production of 120,000 Tons per year Steel Rebar, Flat bar & Coiled Wire Rod and 60,000 Tons per year Sized Alloy Steel Wire Rod (6mm to 24mm) as well as installation and construction, through well-known and qualified technology and equipment providers. This company is a subsidiary of Industrial Development & Renovation Organization of Iran (IDRO) who is the largest development organization in industry sector in Iran and also belongs to SAIPA (one of the largest Iranian Car Manufacturing Corporation).