Iran's two largest steel plants shut down due to air strikes, companies say
The strikes, which Iran says were first launched by Israel in co-ordination with the US last week, could cause major damage to the Iranian economy.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
The strikes, which Iran says were first launched by Israel in co-ordination with the US last week, could cause major damage to the Iranian economy.
Iran's two largest steel plants have been shut down due to multiple rounds of US-Israeli air strikes, with estimates indicating a restart time of at least six months to a year.
Mobarakeh Steel Company in Isfahan has ceased operations due to severe damage from U.S.-Israeli attacks, with another major steel complex in Khuzestan province also sustaining substantial damage.
Both Mobarakeh Steel Company and Khuzestan Steel Company have halted operations following repeated U.S. and Israeli attacks, with estimates indicating a restart time of at least six months to a year.
Mobarakeh Steel Company and Khuzestan Steel Company have suspended operations due to extensive damage from U.S. and Israeli air strikes, with recovery estimates ranging from six months to a year.
Mobarakeh Steel Company has fully halted operations after sustaining damage from U.S. and Israeli strikes, with Khuzestan Steel Company also reporting significant damage.
Similar Stories
Related coverage based on topic and tags
Iran and Israel say they have halted strikes after first exchange of fire since truce
Iran launched about 30 missiles at Israel following a strike in Lebanon, while Israel carried out two waves of air strikes in Iran.
June 8, 2026 at 05:11 PMAsian stocks slide, oil rises as Iran and US launch strikes - Reuters
Asian stocks slide, oil rises as Iran and US launch strikes Reuters
June 10, 2026 at 05:36 AMIsrael hits Iran petrochemical plant in new strikes despite Trump reprimand - Reuters
Israel hits Iran petrochemical plant in new strikes despite Trump reprimand Reuters
June 8, 2026 at 05:19 AMShares retreat as techs extend losses, US strikes on Iran lift oil - Reuters
Shares retreat as techs extend losses, US strikes on Iran lift oil Reuters
June 11, 2026 at 01:03 AMOil rises $2 as Iran announces closure of Strait of Hormuz following US strikes - Reuters
Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes Reuters
June 11, 2026 at 12:33 AMOil rises nearly 1% as US launches new strikes against Iran, supply tightens - Reuters
Oil rises nearly 1% as US launches new strikes against Iran, supply tightens Reuters
June 10, 2026 at 12:33 AM