The most common and most likely answer to this crossword clue is the 7 letter word SMOOTHS
I've seen this crossword clue in Financial Times
S
M
O
O
T
H
S
Buddy explains!

The straight part
We know that "Irons" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case irons = smooths.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does SMOOTHS mean?
SMOOTHS noun- Something that is smooth, or that goes smoothly and easily.
- A smoothing action.
- A domestic animal having a smooth coat.
- A member of an anti-hippie fashion movement in 1970s Britain.
- The analysis obtained through a smoothing procedure.
- To make smooth or even.
- To make straightforward or easy.
- To calm or palliate.
- (image processing, digital audio) To capture important patterns in the data, while leaving out noise.
- To stroke; especially to stroke an animal's fur.