Khuzestan Steel Company

Khuzestan Steel Company is one of Iran's largest steel producers, located in southwestern Iran. It is a significant supplier of steel for Iran's oil industry and water infrastructure projects. The company is currently newsworthy because its production has been halted due to recent US-Israeli air strikes targeting its facilities. According to the company, the strikes damaged production units and infrastructure, leading to a complete shutdown. The deputy head of operations estimates that restarting the units could take six months to a year. This shutdown is significant because Khuzestan Steel Company is a major player in Iran's steel industry, which is the 10th largest globally. The disruption to its operations will likely impact Iran's steel production and potentially affect related industries that rely on its output.