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26 Jun
10:59

US implements new Mobarakeh, Iran steel sanctions

The US treasury department has slapped further sanctions on various Mobarakeh Steel (MSC) subsidiaries. Action has been taken against Germany-based Tara Steel Trading GmbH, a fully-owned MSC subsidiary engaged in the sale of metals and metal ores in Europe. It has also purchased spare parts for MSC, the US Treasury says. Sanctions have also been levied on Pacific Steel FZE, Better Future General Trading Co LLC, and Tuka Metal Trading DMCC, which are Uni…
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