Steel

Accenture Building Materials

Industry
Steel
Country
UAE
Sources

The US Embassy in Georgia published "Imposing Sanctions Related to the Islamic Republic of Iran Shipping Lines and Iranian Shipping Entities" on its website with the following statement by US Secretary of State Mike Pompeo from 2020:

"The State Department is also designating the UAE-based Accenture Building Materials... Accenture Building Materials knowingly sold, supplied, or transferred, directly or indirectly, to or from Iran raw or semi-finished steel and the steel was sold, supplied, or transferred to or from an Iranian person (Sapid Shipping) included on the SDN List.  Accenture Building Materials also knowingly sold, supplied, or transferred, directly or indirectly, to or from Iran raw or semi-finished steel and the steel was sold, supplied, or transferred to or from an Iranian person (Mobarakeh Steel Company) included on the SDN List."

Flexider Srl

Industry
Steel
Country
Italy
Sources

Italian manufacturing/engineering firm Flexider appears on the Iranian official vendor list website (V-List), as an approved vendor for several sanction-designated Iranian companies working in the energy sector.

Ternium

Industry
Steel
Country
Luxembourg
Sources

According to its Form 20-F for the year 2019, filed with the SEC on April 9, 2020:

As previously reported, Tenaris ceased all deliveries of products and services to Iran by the end of October 2018, that is, during the wind-down period and before the full reinstatement of U.S. secondary sanctions on November 5, 2018. Tenaris has not, directly or indirectly, delivered any goods or services to Iran or Iranian companies during 2019 and does not intend to explore any commercial opportunities in Iran, nor does it intend to participate in tender offers by, or issue offers to provide products or services to, Iranian companies or their subsidiaries.

In May 2016, TGS was awarded by Toos Payvand Co., a Tehran-based company, a spot purchase order for carbon steel pipes for the Esfahan Oil Refinery Project (end user National Iranian Oil Company or “NIOC”), for a total value of EUR3.5 million (approximately $4.0 million). TGS delivered most of the items requested under such purchase order, for which the customer made advance payments, during 2017 and during the wind-down period associated with the reinstatement of U.S. secondary sanctions. Shipments under this purchase order were suspended as of October 2018. As of December 31, 2019, TGS recorded an advance payment from Toos Payvand Co. for undelivered goods for approximately EUR 0.04 million (approximately $0.04 million).

 

During 2018, Dalmine was awarded spot orders from Mapna International FZE for a total value of EUR4.1 million (approximately $4.7 million) of which EUR 4.0 million (approximately $4.5 million) were collected as of December 31, 2018. By October 2018, Dalmine had delivered all ordered items. On April 18, 2019, Dalmine collected the outstanding balance of approximately EUR0.1 million (approximately $0.1 million) in compliance with OFAC regulations. No obligations are outstanding, and no amounts are due to Dalmine in connection with these purchase orders.

 

During 2018, Dalmine received an order from U.K.-based company BP Exploration Operating Co. Ltd. for EUR0.2 million (approximately $0.2 million) for the provision of casing and coupling to be used in the Rhum Gas Oilfield (located in the U.K.). At the time of the order, the partners in the Rhum Gas Oilfield are BP Exploration Operating Co Ltd. (50%) and Iranian Oil Co UK Ltd (50%), a subsidiary of NIOC. All items were delivered by October 2018. On May 21, 2019, Dalmine collected the outstanding balance of approximately EUR0.2 million (approximately $0.2 million) from BP Exploration Operating Co. Ltd. in compliance with OFAC regulations. No obligations are outstanding, and no amounts are due to Dalmine in connection with this purchase order.

Marcegaglia SpA

Industry
Steel
Country
Italy
Sources

On April 12, 2016, Marcegaglia reportedly signed a Memorandum of Understanding with the Iranian steel company,Mobarakeh Steel Company (“Mobarakeh”) “in order to strengthen the commercial partnership between the two companies.” (Sider Web, “Marcegaglia punta sull’Iran,” 4/18/2016). 

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The Italian Minister of Economic Development announced, “Marcegaglia Group has finalized a Memorandum of Understanding to strengthen collaboration with MSC-Mobarakeh Steel (to the value of 450 million euros).” (Italian Ministry of Economic Development Website, “Iran: ecco gli accordi firmati oggi in occasione del Business Forum italo-iraniano,” 4/13/2016). According

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In January 2016, Marcegaglia expressed interest in importing raw steel material from Iran. (Gazzetta di Mantova, “Gazoldo traina l’import dall’Iran,” 1/19/2016).

 

OSTROJ JSC

Industry
Steel
Country
Czech Republic
Sources

"On November 1, 2017 Czech company OSTROJ JSC has signed break-through agreement for engineering and delivery of deep-coal-mine in Kerman province with Iranian ZISCO, which is part of Middle East Mines Industries Development Holding Company (MIDHCO)." (Embassy of the Czech Republic in Tehran, “The Success of OSTROJ JSC. in IRAN,” November 6, 2017.)

Tata Steel

Industry
Steel
Symbol
NSE: TATASTEEL
States
IL
Country
India
Sources

"The company was reported as potentially having a subsidiary providing steel to Iran In 2018 CalPERS designated the company as under review. In 2019 CalPERS changed the designation to “being monitored” because CalPERS’ initial screening has not identified the company as having involvement in the regions and/or activities targeted by the Act. CalPERS has maintained the company in “monitor” status for 2020. CalPERS continues to monitor the company for possible changes in status relevant to the Act."

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In 2017, CalSTRS designated Tata Steel as “Under Review’ for having a subsidiary that reportedly provides steel to Iran. CalSTRS maintained the “Under Review” designation in 2018. Tata Steel has a subsidiary that reportedly provides steel to Iran.

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In 2017 the U.S. state of California listed Tata Steel as a company under review for reportedly having a subsidiary that provides steel to Iran.

Kobe Steel

Industry
Steel
Symbol
TYO: 5406
Country
Japan
Sources

On February 14, 2020, the IPERS removed Kobe Steel from its Iran Prohibited Companies List.

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As of August 15, 2019, the state of Iowa listed Kobe Steel on its Iran scrutinized companies list.

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In 2017 the U.S. state of Michigan listed Kobe Steel as an Iran restricted company rendering Kobe Steel ineligible for investment and/or state contracting. 

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Kobelco is the imprint of the Kobe Steel Group, a Japanese metals company that also manufactures construction equipment. As of 2007, they were the 8th largest crane manufacturer in the world. Kobelco has a strong US presence through subsidiary Kobelco North America.

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Kobelco cranes and construction equipment are sold through an exclusive Iranian distributor, Persia Sanat Machine Co., which makes the full line of Kobelco construction equipment available for purchase in Iran.