14,251.29 TRY BIST 100 BIST 100
53.84 EUR EUR EUR
47.07 USD USD USD
6.98 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.10 TRY Interest Interest
83.75 USD Fossil Oil Fossil Oil
6.24 USD Copper Copper
84.79 USD Silver Silver
100.33 USD Iron Ore Iron Ore
380.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Iran’s missile attack on Erbil brings iron and steel production to a standstill

The Iraqi Foreign Ministry announced that Iran had targeted Erbil in northern Iraq with more than 70 missiles and drones and that attacks had also been carried out in different parts of the country.

Iran’s missile attack on Erbil brings iron and steel production to a standstill

According to information obtained by SteelRadar from Haval Steel and Metal Work, an energy plant in Erbil was targeted in the recent attacks. It has been reported that the facility’s shutdown has triggered widespread power outages across the region.

These power disruptions have had a direct impact, particularly on the iron and steel sector. It is stated that, with the exception of a limited number of facilities equipped with generator infrastructure, most factories have been unable to maintain production, leading to a temporary suspension of operations.

Given the energy intensive production structure of the industrial facilities in the region, the interruption in electricity supply is reported to have caused significant disruptions in the production chain. It is assessed that the attack is exerting substantial short term pressure on industrial activities based in Erbil

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The bookbuilding process for Kardemir Çelik's initial public offering (IPO) will take place between July 22 and 24, 2026

Saturday, July 18, 2026

China criticizes UK's nationalization of British Steel

Friday, July 17, 2026

The United States will impose a 25% import tariff on certain products from Brazil under Section 301.

Friday, July 17, 2026

voestalpine Specialty Metals appoints Alexandre V. as General Manager for Singapore and Shanghai

Friday, July 17, 2026

Jindal Stainless supplies stainless steel for India's first hydrogen-powered train

Friday, July 17, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now