Iran's two largest steel plants have been shut down due to multiple rounds of US-Israeli air strikes, the companies operating them say. Our initial estimate is that restarting these units will take at least six months and up to one year, Mehran Pakbin, deputy head of operations at the Khuzestan Steel Company in south-western Iran, was quoted as saying by Iranian media. Mobarakeh Steel Company stated that its production lines in central Iran had completely shut down following the high volume of attacks.
The strikes, which Israeli media and Iran's foreign minister said were launched by Israel in co-ordination with the US last Friday, could cause major damage to Iran's economy. Iran is the 10th largest producer of steel globally, according to the World Steel Association, utilizing the material for domestic construction and manufacturing while also exporting it worldwide.
The halt to production raises concerns about the implications for supply chains throughout the country, long affected by comprehensive Western sanctions. Iranian Foreign Minister Abbas Araghchi disclosed that Israel had targeted the steel plants, a power plant, and civilian nuclear sites, claiming these actions were coordinated with the US.
As tensions elevate, the Israeli military reported missile attacks from Iran, signaling a broader conflict landscape, while US officials have made statements indicating a significant escalation in hostilities.
Additionally, there have been reports of attacks on health-related facilities, raising alarms over the humanitarian implications amid global health crises. With ongoing internet blackouts complicating communication and verification in Iran, the situation remains precarious and uncertain.
The strikes, which Israeli media and Iran's foreign minister said were launched by Israel in co-ordination with the US last Friday, could cause major damage to Iran's economy. Iran is the 10th largest producer of steel globally, according to the World Steel Association, utilizing the material for domestic construction and manufacturing while also exporting it worldwide.
The halt to production raises concerns about the implications for supply chains throughout the country, long affected by comprehensive Western sanctions. Iranian Foreign Minister Abbas Araghchi disclosed that Israel had targeted the steel plants, a power plant, and civilian nuclear sites, claiming these actions were coordinated with the US.
As tensions elevate, the Israeli military reported missile attacks from Iran, signaling a broader conflict landscape, while US officials have made statements indicating a significant escalation in hostilities.
Additionally, there have been reports of attacks on health-related facilities, raising alarms over the humanitarian implications amid global health crises. With ongoing internet blackouts complicating communication and verification in Iran, the situation remains precarious and uncertain.
















