22.07.2018 - 14:31 [ businesslive.co.za ]

Russia and Kazakhstan cut Iran steel sales

(17.7.2018) Arcelor „and the likes are cutting trade with Iran because of [US President] Donald Trump’s pressure on big companies“, an Iranian trader said. Alex Agoureev, an adviser to Paramjit Kahlon, CEO of ArcelorMittal CIS, confirmed that the company planned to suspend supplies to Iran due to the US sanctions.

„Supplies to Iran will be temporarily suspended due to the sanctions. Once sanctions are lifted, the supplies will be resumed,“ Agoureev said.