Iran has imposed a ban on the export of steel and related products following damage to its industrial sector caused by recent US-Israeli airstrikes. According to local media citing the country's customs authority, the directive prohibits the export of various steel products, including slabs, sheets, and strips. The new restriction took effect on April 26, 2026.

Earlier, Israel claimed that its airstrikes had destroyed about 70 percent of Iran’s steel production capacity, along with causing major damage to petrochemical facilities and transport infrastructure. The strikes occurred just days before a ceasefire that came into effect on April 8.

Analysts cited in the report warned that the loss of capacity in this strategically vital sector could have long-term negative effects on Iran’s economy, which relies heavily on industrial exports for revenue.