April 6, 2026 06:55 AM GMT Metals & Mining | Europe Implications for the seaborne market. Iran is a meaningful seaborne supplier of semi-finished steel and a relevant participant in the steelmaking supply chain. It also produced ~37mt of DRI in 2025, equivalent to ~25% of global output, and ~68mt of iron ore, or ~3% of world supply. As a result, operational disruption could tighten seaborne availability - at the margin - across selected product segments and trade routes, particularly in the Middle East and ...