Iran Steel Plants Hit, Economy Slams

0:00On April 2nd, Iran's two biggest steel plants just got taken offline by U.S. and Israeli air strikes, hitting Kewestan steel in the southwest and Mobarkay steel in the center. Company reps say it'll take at least six months, maybe a full year, to get production back up. Iran ranks as the world's 10th largest steel maker, so this shut down slams their economy hard. These strikes kicked off last Friday with Israel coordinating alongside the U.S., according to both sides. Officials estimate billions in damage, and they targeted plants tied to Iran's revolutionary garcore. In response, Iran fired back at U.S. linked facilities in the Gulf and even hit an Amazon data center in Bahrain. Folks inside Iran are feeling the pinch, with supply chains for construction and exports grinding to a halt on top of years of sanctions. Even some who back the strike's worry, it's spilling over to civilian spots like a former company making cancer drugs, a medical research center, and a major bridge near Tehan, where

1:01two people died. Recent hits include that past their Institute lab and a drug firm accused by Israel of chemical weapons work, plus ongoing missile swaps, Israel reported, new Iranian launches Thursday and the UAE not down 19 missiles and 26 drones. Iran's internet has been blacked out for 34 days, down to 1% connectivity, making it tough to confirm details. All this ramps up pressure on Iran to negotiate before more infrastructure crumbles, as leaders from both sides push for a deal amid the escalating. Back and forth, that's your update from Global News Today, powered by AI.