Steel

Ficep Group

Industry
Steel
Country
Italy
Sources

Ficep lists Sardyaran Co. Ltd in Tehran, Iran on its company website. Ficep S.p.A. (“Ficep”) was listed as an exhibitor at the Internationale Ausstellung für Metallbearbeitung (International Exhibition for Metalworking Companies; “AMB Iran 2017”), which took place on May 23-26 in Tehran, Iran.  (Iran METAFO, “List of Exhibitors”). 

Eurodraw Wire Equipment

Industry
Steel
Country
Italy
Sources

Eurodraw Wire Equipment also advertises an Iranian representative sales office, via Newshakar Engineering Co, on its sales network web-page.  (Eurodraw Wire Equipment Website, “Sales Network [Iran]”).  

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Eurodraw Wire Equipment participated in the 4th International Exhibition on Wire & Cable, Rod, and Tube Industry (“Iran Wire 2017”) on December 6-9, 2017. (Iran Wire Website, “List of International Exhibitors at IRAN
WIRE 2017
”).

Dillinger

Industry
Steel
Country
Germany
Sources

Listed as an approved vendor in Iran by POGC and IOOC.

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  Attendance of AG der Dillinger Hüttenwerke (“Dillinger”), a subsidiary of SHS - Stahl-Holding-Saar GmbH&Co.KGaA (“SHS”), at the recently convened Iranian Steel Pipe & Tube Conference (the “Conference”) held in Tehran on May 24-25, 2016.  (MetalBulletin Events, “Iranian Steel Pipe & Tube Conference”). 

Arabian Pipes Co.

Industry
Stel
Symbol
TADAWUL: 2200
Country
Saudi Arabia
Sources

Arabian Pipes Co. was deleted from the US State of Iowas 2021 Iran divestment list. 

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Arabian Pipes Co. is listed on the US State of Iowa's Iran divestment list as of June 30, 2020. 

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 In 2019 the U.S. state of Iowa listed Arabian Pipes Co. on its state list of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Arabian Pipes Co. ineligible for investment and/or state contracting.

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In 2017 the U.S. state of Iowa listed Arabian Pipes Co. on its state list of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Arabian Pipes Co. ineligible for investment and/or state contracting.

INTECO

Industry
Steel
Country
Russia
Sources

"INTECO IS PLEASED WITH THE FIRST MELT AT IDRO HEAVY FOUNDRY & FORGING, IRAN"
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"Russia’s INTECO Chairman and CEO Harald Holzgruber as well as Market Analyst in Turkish Steel Exporters Association Cihan Akdeniz were foreign guests who presented lectures on the opening day of ISMC 2017...Several steel giants, including Italy’s Danieli, Spain’s Sarralle Equipos Siderogicos, Germany’s SMS Group and Russia’s INTECO, have been actively participating in the Iranian industry though they seek to bolster ties with Iran. " (Mehr News Agency, "Iran's Steel Market in 'New Normal' Era," 2/17/2017).

Sarralle

Industry
Steel
Country
Spain
Sources

According to the website of the Iranian company Pars Sarralle, "Pars Sarralle Company is a joint venture between Nasir energy goStar Industrial & Construction Co., and Sarralle." 

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Sarralle’s sponsorsed the 9th Iran Steel Market Conference (“ISMC”), which took place on January 29-30, 2019, in Tehran, Iran. Among the other sponsors of ISMC are several Government of Iran (“GOI”) entities including the Iranian Mines and Mining Industries Development and Renovation Organization (“IMIDRO”).

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Sarralle Group (“Sarralle”) was a sponsor and speaker in the 8th Iranian Steel Market Conference (the “Conference”) that took place in Tehran, Iran on January 30, 2018, (See Appendix). (Donya e-Eqtasad Website, “About Conference”).

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"Managing Director of Spain’s Sarralle Equipos Siderogicos Javier Esquiroz, CEO of Germany’s SMS Group Burkhard Dahmen, Russia’s INTECO Chairman and CEO Harald Holzgruber as well as Market Analyst in Turkish Steel Exporters Association Cihan Akdeniz were foreign guests who presented lectures on the opening day of ISMC 2017...Several steel giants, including Italy’s Danieli, Spain’s Sarralle Equipos Siderogicos, Germany’s SMS Group and Russia’s INTECO, have been actively participating in the Iranian industry though they seek to bolster ties with Iran. " (Mehr News Agency, "Iran's Steel Market in 'New Normal' Era," 2/17/2017).

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Sarraelle subsidiary, Pars Sarrelle Company, is a joint venture between Nasir energy gostar Industrial & Construction Co. (NICC) and Sarraelle Group. Pars Sarralle has a factory located at Shams Abbad industrial area which is about 20,000 square meters with 10,000 square meters sheltered Area. In order to produce latest technology equipments according to European quality standards, the best machines and facilities are equipped in the mentioned factory. (NICC Website,  "Pars Saralle Company is a joint venture between Nasir energy gostar Industrial & Construction Co. (NICC) and Sarralle Group").

FrameCAD

Industry
Steel
Country
New Zealand
Sources

"Trade Minister Todd McClay leads a senior-level business delegation on New Zealand’s first trade mission to Tehran in twelve years, today. Iran and New Zealand have a long-standing trade relationship, dating back to 1975 when New Zealand established an Embassy in Tehran, its first in the Middle East. “There is enormous opportunity for Iran and New Zealand to work together to boost two-way trade,” says Mr McClay... The eighteen New Zealand companies joining Mr McClay on this visit to Iran are: NIG Nutritionals, Tait Communications, Enatel Limited, Sealord, Silver Fern Farms, Westland Milk Products, Fonterra, FrameCAD, Flight Coffee, Switchfloat, University of Canterbury, University of Auckland, ANZCO, Auckland University of Technology, Pacific Helmets, Pelco NZ, NZ Bankers Association, and Pultron Composites." (New Zealand Government, "Business delegation to look at opportunities in Iran," 12/2/2016).

Kardemir

Industry
Steel
Symbol
BIST: KRDMA
Country
Turkey
Sources

"Giant Turkish steel manufacturer Kardemir, a publicly traded company, appears to have received questionable wire transfers from a third country via JP Morgan financial services that should have raised red flags but somehow fell through the cracks. Kardemir made a deal in 2013 with Iranian energy firm Tavana to sell steel products, but the funds were not transferred from Iran; rather they were rerouted from Iraq, a third country, in the amount of $10 million. It was part of what was promised to be a €150 million business deal that would benefit Kardemir in the Iranian market against rivals from China, India and Russia. Although filtering mechanisms for questionable transfers that actually named the Iranian company on the transfer order failed to detect an anomaly, a branch manager at Halkbank triggered a heated discussion at the senior level when asked about the source of the money. Balkan, an avid fan of Khomeini, stepped in to reverse the Halkbank decision to stop the payment." (November 2017)

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"Turkish steel producer Kardemir has shipped 10,000 tons of rail to Iran as part of an €80-million contract to export 140,000 tons of rail, according to the company’s CEO Mesut Ugur Yilmaz. “The company has so far produced 40,000 tons of rail as per the contract,” he was quoted as saying by Turkish newspaper Hurriyet. Turkey signed the contract with Iran in April to barter Turkish rail in exchange for Iranian oil to be supplied to Turkish Petroleum Refineries Company. According to the Minister of Roads and Urban Development Abbas Akhoundi, Iran needs to build 1,500 kilometers of railroads, for which it needs 1.8 million tons of rails by 2021." (Financial Tribune,  "Turkey Begins Rail Exports," 10/15/2016). 

TMK

Industry
Steel
Symbol
MCX: TRMK
Country
Russia
Sources

According to 2018 press release on TMK's website: "TMK was represented by a delegation led by Vladimir Shcherbatykh, head of the Company’s Middle East division.

The trip covered seven countries – Saudi Arabia, Jordan, Lebanon, Iran, Bahrain, Qatar, and Oman. Throughout the trip, TMK held meetings in which its representatives highlighted opportunities offered by the Company to potential partners. They focused in particular on purchase customization of TMK’s tubular products and developing new products for certain customers, and offering advanced staff training opportunities to Middle Eastern companies held at TMK plants."

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"TMK, Russia’s largest manufacturer of steel pipes for the oil and gas industry, is in talks to supply Iran’s oil and gas sector as the Islamic Republic ramps up production following the lifting of international sanctions, the company’s senior vice president said Wednesday. 'We have a program under way to supply some pipes through spot sales and are working on a longer-term contract which could include pipes to transport oil and gas as well as produce it,' Vladimir Shmatovich, senior vice president for strategy and business development at TMK. 'Iran is a very important market for us,' he said. The move shows the potential for Iran to have better access to more modern equipment to refurbish its aging oil industry. It also highlights how Russian companies retain a competitive advantage there despite the opening of the country to Western suppliers since sanctions on Iran were lifted in January. TMK was a major supplier of pipes to Iran’s oil industry before sanctions were imposed." (Wall Street Journal, “Russian Maker of Steel Pipes in Talks to Supply Iran’s Oil Industry,” 3/9/2016)

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"Russian Pipeline Major TMK Swings Away from the U.S. Toward Opportunity in Iran" (February 10, 2016).  

Response

Response: "TMK does not currently sell products or services for use in Iran. We will continue to monitor the measures that the U.S. and other governments take in connection with the JCPOA." (June 4, 2018)

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Response: “We will discuss the questions you raised on the compliance committee meeting in order to check and reconfirm that we have all necessary compliance procedures in place and bring your letter to the notice of the top-managers and BoD members.” (July 15, 2016)

Condotte

Industry
Steel
Country
Italy
Sources

On the Condotte website, a notice reads that Condotte subsidiary, Gavio Group, “signed MoUs (Memorandum of Understanding) with some of the main Iranian construction company for the joint development of large infrastructure projects in the transport/railways sector with a total value of about 4 billion euros.”  Gavio Group Chairman characterized the deal as “a starting-point to go in the surrounding areas [beyond Tehran]…. ”  (Condotte Website, “IRAN:  CONDOTTE FIRMA ACCORDI PER 4 MILIARDI DI EURO,” 2/3/2016). 

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Condotte “has had previous business in Iran, including at the port complex at Bandar Abbas.”  (Iran Business News, “Condotte d’Acqua in 4b EUR deal,” 1/27/2016).

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Condotte “would sign agreements for project with Iranian companies worth as much as 4 billion euros ($4.33 billion), a company spokesman said.” A Condotte spokesman confirmed, “[w]e are signing accords with the primary Iranian companies for infrastructure, rail and highway projects that have a maximum value of 4 billion euros.” (Reuters, “Italy’s Condotte Acqua will sign accords with Iran for up to 4 billion euros: company,” 1/25/2016).