Foulad Yazd

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Foulad Yazd pursuant to E.O. 13871 for operating in the steel sector of Iran

Country:

Iran  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Foulad Yazd Group of companies was established in 1980 by Mohammad Ahramian with establishment of a workshop near the city of Yazd. First products included deep well pumps used primarily in agriculture. Further upstream expansion of activities led to addition of spiral bevel gear, steel couplings and steel bright bars to the product mix of the companies;

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Foulad Yazd pursuant to E.O. 13871 for operating in the steel sector of Iran;

The Iranian metals sector is an important revenue source for the Iranian regime, generating wealth for its corrupt leaders and financing a range of nefarious activities, including the proliferation of weapons of mass destruction and their means of delivery, support for foreign terrorist groups, and a variety of human rights abuses, at home and abroad;

Action was taken pursuant to Executive Order (E.O.) 13871, which imposes sanctions on several sectors of the Iranian economy, including Iran’s steel sector, that continue to generate significant revenue for the Iranian regime;

Industry:
Steel Industry

Also Known As:
Yazd Industrial Constructional Steel Rolling Mill

Country:
Iran

Address:
17th KM, towards Taft Town, Yazd-Kerman New Ring Road, Yazd, Iran
Foulad Building, no. 235 Azadi Avenue, Tehran 1457966191, Iran

Website:
www.yazdrollingmill.com

E-mail:
info@yazdrollingmill.com

Registration Number:
51556 (Iran)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on January 5, 2021 pursuant to Executive Order 13871 for operating in the steel sector of Iran;