Described by the U.S. Department of the Treasury an as entity that is owned or controlled by or acts or purports to act on behalf of Iran's Defense Industries Organization (DIO); subsidiary of Ammunition Industries Group (AMIG).

Added on April 7, 2009 to the Specially Designated National (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; identified by the U.S. Department of the Treasury as an end-user of various items provided by Karl Lee, also known as Li Fangwei (Li Fang Wei), and front companies affiliated with LIMMT Economic and Trade Company (LIMMT); allegedly was provided weapons-usable materials by Li Fang Wei and LIMMT, which were indicted on April 7, 2009, by the District Attorney's Office of New York County for charges relating to the misuse of Manhattan banks and the proliferation of illicit missile and nuclear technology to Iran; according to the indictment, on or about December 22, 2006, a LIMMT representative sent an agent of Shahid Sayyad Shirazi Industries an invoice addressed to Yazd Metallurgy Industries for 200 metric tons of high power graphite electrodes in the amount of €220,400; according to the indictment, on or about February 15, 2007, a LIMMT representative acknowledged payment by Shahid Sayyad Shirazi Industries for a shipment of high power graphite electrodes; according to the indictment, an agent of Shahid Sayyad Shirazi Industries received an invoice on or about April 9, 2007, sent by Li Fang Wei confirming the sale of 450 metric tons of furnace electrodes with 4TPI nipples.

Produces large caliber items and cartridge cases; has cooperated with Olyapey Technical and Engineering Co. on the demolition, reconstruction, and modernization of Iran's Ministry of Defense buildings; according to the National Council of Resistance of Iran (NCRI), involved in the production of improvised explosive devices (IEDs); according to NCRI, located in Lavizan in northern Tehran; according to NCRI, engineer Chahryar Moqadam (Shahryar Moqadam) is involved in the group's armor piercing projects; the foreign commercial manager is reportedly Mohammad Mohammadi.