BIS Imposes Civil Penalty for Export of Aluminum Alloy Rods
The Commerce Department’s Bureau of Industry and Security (BIS) today announced that Reliance Steel & Aluminum Company, acting through its Bralco Metals division (Bralco) in La Mirada, California, agreed to a civil penalty of $95,850 to settle charges that Bralco made 13 exports of aluminum alloy rods to the People’s Republic of China, Taiwan, Malaysia, and Singapore without obtaining the required export licenses. BIS alleged that Bralco had also submitted Shipper’s Export Declarations (SEDs) that falsely represented that the shipments were eligible for export without a license. Exports of aluminum alloys require a license because they can be used in the manufacture of nuclear weapons.
Labels: BIS
|posted by Douglas N. Jacobson| Permalink 
