Jindal Saw Limited

JSL attended the Iranian Steel Pipe & Tube Conference (the “Conference”) held in Tehran on May 24-25, 2016. (MetalBulletin Events, “Iranian Steel Pipe & Tube Conference”). The Conference purported to offer “a unique opportunity to gain crucial insight into the Iranian market and the networking with leading Iranian companies is not to be missed.” (http://www.hitechoverseas.com/distributors-dealers-traders-india/Pipes-Jindal-India-Jindal-Steel-India-Jindal-Group/Jindal-Saw-Limited.htm)

In 2011, a company spokesman explained that “its [overseas] business is mainly spread in Iran, Iraq and Saudi Arabia.” (Reuters, “Jindal Saw to buy logistic firm to ramp up scale,” 3/22/2011).  (http://in.reuters.com/article/idINIndia-55775320110322)

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Vishal Steel and Hi-Tech Metal and Tubes identify themselves as distributers of JSL stainless steel pipes in Iran. (Vishal Steel website, “Jindal Steel,”; Hi-Tech Metal and Tubes website, “Hitech Pipes & Tubes is Leading Exporters of Jindal Saw Pipes Tubes,”). (http://www.vishalsteel.net/distributors-dealers-traders-india/jindalstainless-jindalindia-jindalsteelindia-jindalgroup/jindal-saw-limited/)

JSL has maintained a constant presence in Iran since at least 2009. Between 2004 and 2011, Iran, the UAE, Qatar, Syria and “other gulf countries” comprised 15% of JSL’s total sales. (JSL website, “Milestones,”). (http://www.steel-sw.com/wp-files/Jindal%20Saw%20-%20Steel%20SW%20-%20Pipe%20Presentation%20%7E%20Rev%206%20-%20July%202013.pdf)