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Kaveh Shargh Steel Co.

On the SDN listEntityIRAN-EO13876

Kaveh Shargh Steel Co. (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: IRAN-EO13876. Addresses on file in: Iran. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Iran has 981 entities, vessels or aircraft with an address on the SDN list, ranking #2 among all countries. Other sanctioned entities with an address in Tehran are listed below.

Sanctions program

Iran: Supreme Leader (Executive Order 13876) IRAN-EO13876

June 2019 order that sanctions Iran's Supreme Leader, his office and those he appoints or who act on his behalf.

Also known as

  • KAVEH SHARGH STEEL COMPANY · aka
  • KAVEH EAST STEEL COMPANY · aka

Addresses on file

  • Resalat Expressway, not far from Afriqa Expressway, Bonyad Mostazafan Central Building, Third Floor, Tehran, Iran

OFAC remarks

Website http://kes.co.ir; Additional Sanctions Information - Subject to Secondary Sanctions; National ID No. 10102942460 (Iran); Registration Number 253834 (Iran); Linked To: KAVEH PARS MINING INDUSTRIES DEVELOPMENT COMPANY.

Other sanctioned entities in Tehran

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Kaveh Shargh Steel Co. is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Kaveh Shargh Steel Co.?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.