After years of successful operations in the steel market, supplying steel sections for construction, residential, and industrial projects, Faratarh Steel Trading Company gained recognition as a young, innovative, and leading company in the market. During this period, the company was officially registered.

One of Faratarh’s key strengths was its import of steel sections that were not yet produced in Iran at the time, particularly from Germany. As one of the first private steel companies in Iran to enter global markets, Faratarh paved the way for importing rare but highly demanded steel sections for national projects.

Faratarh secured the exclusive representation of specialized products from HYUNDAI Steel, particularly wide-flange H-beams, across Iran through a formal agreement with the HYUNDAI Steel Group of South Korea. These high-quality steel sections, known for their unique production methods, were widely used in large-scale infrastructure projects such as petrochemical plants. This partnership solidified Faratarh's reputation as the "monopolist of specialized steel sections" in Iran.

NIPPON STEEL’s scratch-resistant sheets are widely used for the production of specialized industrial products. In 2007, Faratarh became the exclusive representative of NIPPON STEEL in Iran, making it the sole importer and supplier of this specialized product in the country.

Faratarh signed significant commercial contracts with prominent domestic manufacturers, including Esfahan Steel Company, establishing itself as one of the largest suppliers of a diverse range of steel products in Iran. The company became a key provider for both steel production plants and end-users of this essential infrastructure material.

In this year, Faratarh joined the ranks of steel producers operating without a dedicated factory. By utilizing the idle production capacity of well-known steel plants that were not fully operational, Faratarh began producing various steel sections and supplying them to the domestic market. Some of its notable production contracts were with Arvand Steel, Faico, Ardabil Steel, and others.

After establishing credibility and creating a valuable network of high-quality steel suppliers and producers, Faratarh launched its first export shipment in 2020. Faratarh’s exports include various steel sections, particularly rebar in different sizes. The company now actively exports to over 19 countries around the world.

Venturing into the mining industry, Faratarh founded "Faratarh Mining," specializing in exploration, extraction, processing, production, and trading of various upstream products in the steel supply chain. This expansion completed Faratarh’s service offerings within the steel sector. Faratarh Mining, through investment and collaboration in domestic projects involving steel, copper, and gold, is well-positioned to provide top-tier and standardized services to industry professionals.

Faratarh set its sights on in-house manufacturing, leading to the launch of its first production plant, "Faratarh Rolling," in 2021. The plant operates under the brands "Caspian Rebar Rolling" and "Faratarh Rebar," producing a range of standard and customized rebar for both domestic use and export. Located in the industrial city of Rasht, the factory adheres to European standards for its products.

The establishment of the "Faratarh Alloys" brand and obtaining the necessary licenses for the production of stainless steel is a major initiative by Faratarh Group. This project aims to meet domestic demand and create export capacity for stainless steel. The Faratarh Alloys project is one of the largest steelmaking projects in Iran, transforming the country from an importer to a leading exporter of alloy steel products in the Middle East and North Africa. The Faratarh Alloys Steel Complex is set to commence operations in 2026 in the ISOICO Free Zone, Bandar Abbas.

Faratarh Group expanded into retail by repurposing one of its subsidiaries to sell steel sections directly to end customers and market consumers. "Sana Steel" has become the B2C sales arm of Faratarh Group, specializing in the retail of ferrous metals.

"Faratarh Development" (Oxin) was established as a public joint-stock company with the goal of providing transportation and logistics services to the steel industry. The company has been listed on the stock exchange as part of Faratarh Group.