MYSTEEL: Strikes on Iranian key steel plants may reshape global steel trade flow

On March 27 local time, the United States and Israel carried out precision airstrikes on Iran’s two key steel producers – Isfahan’s Mobarakeh Steel Company (MSC) and Khuzestan Steel Company (KSC) – while also destroying a supporting power plant serving MSC, forcing both mills into a production halt.

Besides being major contributors to Iran's domestic steel supply, both mills were major sources of steel for export to customers in the Middle East and Southeast Asia, so the shutdown could trigger a reshaping of regional – and potentially, global – steel trade flows, Mysteel's latest analysis warns. Iran - a major steel