Iran’s Mobarakeh Steel halts production due to heavy damage

03 April 2026
Iran’s Mobarakeh Steel halts production due to heavy damage

Iran’s leading steel company, Mobarakeh Steel Co., said April 2 that production had been halted entirely at its plant due to the heavy impact of two US-Israeli military attacks in late March, the company’s website msc.ir said in a statement.

“Considering the assessments made of the heavy magnitude of the attacks up until this moment, the production process units have sustained substantial damages and destruction, which have brought the (production) lines to a full stop,” the statement read.

“Under these conditions, activity is impossible,” it said, asking the plant’s workers to avoid going to the site until further notice. Mobarakeh Steel Co., located in the central province of 27 and 31.

With 6,000 personnel and contractors, Mobarakeh’s website said, the company has an annual production capacity of over 12.85 million mt of sponge iron, 12.5 million mt of steel and 6.8 million mt of hot rolled steel.

Mobarakeh Steel Co. is considered the country’s top steel producer, consisting of 100 specialized companies that supply materials to domestic and export industries. It is the biggest producer of steel sheets in the Middle East and North Africa, the website added.


Source : S&P Global Commodity Insights

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