Tag: Iran Sanctions
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US Imposes New Sanctions on Iran; How Will it Impact Steel Market ?
U.S. President Donald Trump yesterday imposed new sanctions on Iran, targeting revenue from its exports of industrial metals. An executive order issued by Trump covers Iran’s iron, steel, aluminium, and copper sectors, the government’s largest non-petroleum-related sources of export revenue and 10% of its export economy, a White House statement said. As per reports, the Trump administration…