US imposes new sanctions on Iran’s steel industry

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed new sanctions on Iran’s steel industry on Tuesday (January 5), involving a China-based supplier of graphite electrodes, twelve Iran’s producers of steel and other metals products, and three foreign-based sales agents of a major Iranian metals and mining holding company.

Read more at US imposes new sanctions on Iran’s steel industry.

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