National Steel Company (NAST), listed on the Amman Stock Exchange in Jordan, increased its profit by 205% in the first nine months of 2025 compared to the same period in 2024, supported by strong operational performance.
According to financial data published by Mubasher, the company recorded a net profit of JOD 272.13 thousand (approximately USD 383.91 thousand) during the period, up from JOD 89.17 thousand (approximately USD 125.73 thousand) in the same period last year.
The profit surge was mainly attributed to strong operational performance. The company’s operating profit rose by 82.5%, from JOD 72.78 thousand (around USD 102.63 thousand) in 2024 to JOD 132.85 thousand (around USD 187.5 thousand) in 2025.
Originally established as a rolling mill with an annual capacity of 70,000 tons, National Steel now produces over 120,000 tons of high-quality rebar each year.
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