Trump imposes sanctions on Iran's Iron, Steel, Aluminium and Copper sectors


WASHINGTON (Scrap Register): US President Donald Trump has signed an executive order on Wednesday imposing new sanctions against Iran on its production of iron, steel, aluminum and copper.

“With this action, the United States has now imposed sanctions on Iran’s top three exports - oil, petrochemicals, and metals,” the White House said in a statement.

Trump's executive order, which imposed sanctions on the steel, aluminum and copper industries, came hours after Iran announced it was withdrawing from parts of an Obama-era nuclear agreement.

President Donald Trump withdrew the United States from that deal a year ago but Britain, France, Germany, Russia and China remain.

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