Also Known As:
Metal & Mineral Trade
Metal and Mineral Trade
Metal and Mineral Trade S.A.R.L.
Metal & Mineral Trade S.A.R.L.
-Rue Pierre D'Aspelt, 1142 Luxembourg
-7 Rue Pierre D-Aspelt, L1142, Luxembourg
-11b, Boulevard Joseph II L-1840, Luxembourg
352-45 25 32
352-45 25 31
Denied United States export privileges for a period of five years, beginning November 17, 2003, in conjunction with a settlement for allegedly committing six violations of the Export Administration Regulations (EAR); agreed to pay a $35,000 fine in conjunction with the settlement and agreed to a denial of its export privileges; charged with aiding and abetting the export of spare parts for mining and machinery and the export of rotary hammers, from the United States to Iran via Germany without prior authorization from the U.S. Treasury Department, as required by the EAR; charged with causing the export of vehicle spare parts and an electric motor from the United States to Iran via Germany without prior authorization from the U.S. Treasury Department, as required by the EAR; charged with transporting an electric motor knowing that the item was to be exported from the United States to Iran via Germany in violation of the Regulations.
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.
Registration ID is B 59411 (Luxembourg).
As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 to the Specially Designated Nationals (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 13599, which targets entities controlled by the Government of Iran and Iranian financial institutions; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.
Previously added to the SDN list on August 3, 2010, pursuant to the Iranian Transactions Regulations, which target entities controlled by the Government of Iran; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action, but identified as a part of the Government of Iran, prohibiting transactions with U.S. parties.