US imposes sanctions on four Iranian metals companies

摘要

The US has issued sanctions targeting four steel, aluminum, and iron companies operating within Iran’s metals sector, including one subsidiary of Mobarakeh Steel Company, Iran’s largest steel manufacturer, the US Department of the Treasury’s Office of Foreign Assets Control said June 25. The Treasury Department also designated one Germany-based and three UAE-based sales agents for being owned or controlled by Mobarakeh Steel. Mobarakeh Steel, the largest flat steel producer in the Middle East and North Africa region, accounts for approximately 1% of Iran's gross domestic product, according the the Treasury Department.