KWTSTEEL

Status:
Risk Alert – Entity in a problematic sector – Sector controlled by the Top Alert entities

Info:
Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) owns 49 percent of the Kuwaiti company’s share;
Has been affiliated with AscoTec (a.k.a. Ascotec GmbH), a steel company active in Iran and owned by subsidiaries of the National Iranian Steel Company (NISCO), which is affiliated with the Iranian Ministry of Industry and Mines;
Ascotec is involved in the procurement of goods for Iran missile program

Industry:
Steel

Also Known As:
UNISteel
Kuwait Unisteel Rolling Mill Company
UNITED STEEL INDUSTRIAL CO.

Country:
Kuwait

Address:
Sharq Daman Complex P.O.Box 1370, 13014 Safat, Kuwait

Phone:
+965 24 44 230

WebSite:
www.kwsteel.com

Email:
[email protected]

Reason for the color:
» Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) owns 49 percent of the Kuwaiti company’s share;
» Has been affiliated with AscoTec (a.k.a. Ascotec GmbH), a steel company active in Iran and owned by subsidiaries of the National Iranian Steel Company (NISCO), which is affiliated with the Iranian Ministry of Industry and Mines;

» Ascotec is involved in the procurement of goods for Iran missile program;

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