According to media reports, US-Israeli forces launched airstrikes in the Iranian province of Isfahan as a result of the escalation of hostilities between the sides. It is claimed that two Iranian steel mills, Mobarakeh Steel and Khouzestan Steel, were attacked along with others. No additional information was disclosed about the extent of the damage and the current state of the production facilities. Meanwhile, some media sources report that Iran is targeting key steel production facilities in the Persian Gulf countries.
Mobarakeh Steel Company (more than 8 million tons of DRI and about 7 million tons of HRC) is the main producer of rolled steel in Iran and, along with Khouzestan Steel Company (3.6-3.8 million tons of crude steel per year), up to The company was one of the largest exporters of slabs. The latter was also one of the key producers and exporters of steel billets from Iran. Some media outlets claim that a power plant and part of an alloy steel production line were damaged in Mobarak, but there is no information about damage in Khuzestan. Both plants are essential for Iran's local steel industry.
The impact of the war on the steel industry in the Persian Gulf countries may worsen, depending on further actions by the parties. On the morning of March 27, the Tasnim news agency published information about Iran's warning to strike steel mills in Israel and five Persian Gulf countries in the event of continued attacks on Iranian facilities. The list of targets includes Hadeed (KSA), Emirates Steel Arkan (UAE), Qatar Steel (Qatar), Foulath (Bahrain), Kuwait Steel (Kuwait), Yehuda Steel (Israel).
