Arcelor Trading USA OFAC Settlement: $5.5K (2004)

Last updated: July 20, 2026

Arcelor Trading USA on behalf of Trade Arbed, Inc settled a civil penalty of $5,500.00 for a 1998–99 shipment on an Iranian vessel in violation of the Iranian Transactions Regulations.

Penalty Amount

$5,500.00

Enforcement Date

March 5, 2004

Rank in Top Penalties

#660

Case Details

Type:: Entity
Name:: Arcelor Trading USA on behalf of Trade Arbed, Inc
Country:: 🇺🇸 United States
Industry:: Trading
Address:: New York, NY 10014
Penalty amount:: $5,500.00
Egregious case:: Unknown
Voluntary self disclosure:: Unknown
Case:: Settled
Violation period:: 1998 to 1999
Program:: Iran
Enforcement date:: March 5, 2004

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

SHA-256: a21835d6b2089a2cc1354d3cb55da68471e806a4874e2f150265612e723d6de3