Israeli PM says 70 per cent of Iran’s steel industry wiped out

International, Middle East

MIDDLE EAST, 3 April 2026 (NPA) — Israeli Prime Minister Benjamin Netanyahu announced Friday that the Israeli Air Force has destroyed 70 per cent of Iran’s steel production capacity, calling it a “tremendous achievement” that deprives the Islamic Revolutionary Guard Corps (IRGC) of critical funding sources and the ability to manufacture large quantities of weapons.

In a televised address, Netanyahu emphasised that the operation was carried out in full coordination with U.S. President Donald Trump and the U.S. military, underscoring the depth of strategic cooperation between the two allies. He vowed to continue pressing Iran militarily, declaring that Israel would “crush” its adversary until its capacity to wage war was eliminated. “The Iranian regime is weaker than ever — Israel is stronger than ever,” he said.

Turning to ongoing Israeli military operations in southern Lebanon, Netanyahu stated that the Israel Defence Forces (IDF) are intensifying strikes against Hezbollah positions. He explained that the expansion of the security zone along the northern border is aimed at protecting Israeli communities from rocket fire and cross‑border attacks. “We are continuing to forcefully strike at Hezbollah. We are expanding the security zone and firmly establishing it to safeguard the North,” he noted.

The Prime Minister also commended Israeli citizens for their resilience and discipline in following Home Front Command instructions, even during the Passover Seder night. He urged the public to remain steadfast as the conflict continues. “With God’s help, we will continue to fight and achieve all of our goals. Happy Passover,” Netanyahu concluded.

Analysts say the destruction of Iran’s steel capacity represents a significant escalation in the conflict, potentially crippling Tehran’s industrial base and limiting its ability to sustain prolonged military operations. 

The announcement also highlights the growing coordination between Israel and the United States, a partnership that has become central to the broader regional strategy against Iran and its allies.