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SEO takes lead in rebuilding Mobarakeh, Khuzestan steel industries
Steel product exports continue uninterrupted: TPO
Hojatollah Seidi, head of the Securities and Exchange Organization (SEO), said on Friday that the capital market "will spare no effort to gather capital for building a bigger and better Mobarakeh Steel and a stronger Khuzestan Steel in the shortest possible time."
The two listed companies, Mobarakeh Steel in the central province of Isfahan and Khuzestan Steel in the southwestern Khuzestan Province, which are owned by shareholders, were hit multiple times by the American-Zionist enemy during the war that began on February 28.
Following the second attack on Mobarakeh Steel on Tuesday, the complex issued a statement on Thursday saying, "Based on assessments conducted so far of the heavy attacks, the damage and fundamental destruction to units related to the production process indicates a complete shutdown of production lines."
The statement added, "To preserve human capital as the organization's most important asset, all employees are requested to refrain from visiting the Mobarakeh Steel complex until further notice."
Export process continues
The Trade Promotion Organization (TPO) of Iran also announced on Thursday that no decision has been made regarding export restrictions on steel and mining products, and any potential decision will be officially announced only through the Ministry of Industry, Mine and Trade and the Trade Development Organization.
Meanwhile, official reports indicate that Iran's steel export process continues without disruption. In recent days, three large steel shipments have departed from Iranian ports for foreign markets, demonstrating the resilience of Iran's foreign trade in the steel sector even amid heightened tensions.
In response to the targeting of Iran's steel industries, the spokesperson for the Central Headquarters of Khatam al-Anbiya said during a joint operation by the Aerospace and Naval Forces of the Islamic Revolution Guards Corps (IRGC), Wave 90 of Operation True Promise 4 targeted US steel and aluminum industries in Abu Dhabi, US aluminum industries in Bahrain, and Rafael Advanced Defense Systems of the Israeli regime.
The statement said the strikes were a warning, adding that any further attacks on Iranian industries would trigger "a far more devastating response targeting the occupying regime's critical infrastructure and US economic facilities across the region."