WikiIran has identified so far over 35 companies outside Iran that had purchased products from Iran's Khouzestan Steel Company (KSC), which is subject to the US sanctions. Original documents leaked recently from Iran's Khouzestan Steel Company (KSC), indicate that most of these companies had been fully aware that their business with the KSC were conducted in violation of the sanctions against this IRGC-controlled entity.
The KSC exports billions of USD of steel products every year, mainly to the following clients:
To view the proof, click on the customer's name
Far East:
Taiwan:
Customer's Name | Foreign Bank name | Bank Account | Apparent Role |
---|---|---|---|
CPI Group/ Capital Power International Co. Ltd | Sunny Bank LTD | 7205800002606 / 033087500808 / 072058000025606, SWIFT: SUNYTWTP | Broker/ End-User |
Ren Yow Industrial Co., Ltd. (CPI Group Subsidiary) | Taiwan Cooperative Bank LTD Offshore Banking Branch | 1069188030321 | Broker/ End-User |
China:
Customer's Name | Apparent Role |
---|---|
Advanced Trade Limited | Broker |
Shanghai Welly Automobile Co., LTD |
Hong Kong:
Customer's Name |
---|
Hong Kong Boyang Energy Technology Limited |
Malaysia:
Customer's Name | Apparent Role |
---|---|
Atlantic Commodity Trading SDN BHD | Broker |
Germany:
Customer's Name | Foreign Bank name | Bank Account | IBAN | Apparent Role |
---|---|---|---|---|
D.G.A Trading Germany gmbh | ICBC (Asia) and Standard Chartered Bank | 861530125937, 1100002109 | Iranian Broker | |
ITRITEC GMBH | EIH Bank Hamburg | 1005117559 / 42230006 | Iranian Broker | |
Kara Industrial Trading | Stadtsparkasse Dusseldorf | 1007035403 | DE05300501101007035403 | Iranian Broker |
Spain:
Customer's Name | IBAN | Apparent Role |
---|---|---|
Valid S.A. Company | ES9801287700100500000186 | Broker |
The United Kingdom:
Customer's Name | Foreign Bank name | IBAN | Apparent Role |
---|---|---|---|
Belcore Global Ltd | The Royal Bank Of Scotland | GB86RBOS16109010071498 | Broker |
The United Arab Emirates (UAE):
Customer's Name | Foreign Bank name | Bank Account | IBAN | Apparent Role |
---|---|---|---|---|
Atlantic Palaemon DMCC | Commercial Bank Of Dubai | 1002554614 | Iranian Front Company For Belcore Global | |
Capital Steel Trading fzco | Emirates Islamic Business Banking | 3708305401301 | AE120340003708305401301 | Broker |
Capital Steel Trading fzco | Emirates NBD | 1015451919001 | AE190260001015451919001 | Broker |
CGT Commodities and Building Material LLC | MCB Bank | 12290000014 | Broker | |
First Move Equipment Trading LLC | Dubai Islamic Bank, SZR Branch | 97520231786801 | AE670240097520231786801 | |
Metso General Trading LLC | ||||
Norecom DMCC | AE160240001520128459001 | Broker | ||
Power Tech DWC LLC | Iranian Broker | |||
PSI DMCC | ||||
Sun Way Petrochemicals Trading LLC | Commercial Bank Of Dubai | 171003794532 | AE310230000001003794532 | |
UMM Qaser Port General Trading LLC | Arab African International Bank - AAIB |
Turkey:
Customer's Name | Apparent Role |
---|---|
Grandi Makina Sanayi Ve Ticaret Limited | |
Jahan Tejarat Tayebi Madencilik Ve Petrol Ticaret | Broker |
Oman:
Customer's Name | Foreign Bank name | Bank Account | Apparent Role |
---|---|---|---|
Muscat Steel Industries Co. LLC | Oman Arab Bank | 3119027500300 | End-User |
West Amber FZE | Commercial Bank Of Dubai |
Iraq:
Customer's Name | Apparent Role |
---|---|
Ard Noor Huda Co. | |
G. Arian Steel Company | Broker |
Polly Bahez Company |
Qatar:
Customer's Name | Foreign Bank name | IBAN | Apparent Role |
---|---|---|---|
Team Distribution and Trading Services | Qatar National Bank | QA24QNBA000000000013194209001 | Broker |
Jordan:
Customer's Name |
---|
Ramallah Co. for Steel Industry Ltd. |
Customer's Name | Foreign Bank name | IBAN | Apparent Role |
---|---|---|---|
LTD STEEL LTD / LTD STEEL UD. | Broker | ||
Steel Resources LTD | Bank Al Etihad | JO42UBSI1010000015704601615101 | Broker |
As WikiIran has exposed in previous reports, the KSC's clients pay to the KSC through its front companies so to bypass the sanctions against the KSC.
All KSC's clients are presented in the following table. Attached are also some examples which stress the relationship between these front companies and the KSC, and, consequently, highlight the fact that the clients had been fully aware of the relationship between these front companies and the KSC.