Shougang Group expands exports market further

Tuesday, 25 December 2007 11:40:44 (GMT+3)   |  
       

SteelOrbis Shanghai

China's Beijing-based steelmaker Shougang Group has been pacing up towards the international market. The company is currently constructing its sales branch in Dubai for the Middle East and Africa. Currently it has established a global sales network headquartered in Beijing, with branches in Hong Kong for Southeast Asia and Australia; in the US for the Americas, in South Korea for East Asia, and in Austria for Europe. With this global sales network, Shougang Group's products are sold to the five continents.

Shougang Group's steel export destinations have increased from nearly 10 countries in early 2002 to 52 countries and regions on five continents currently. Shougang has signed long-term cooperation agreements with 7 key customers in North America, European and Asian steel markets, owning more than 1 million mt per annum stake of continuous steel exports in the international market. From January to November 2007, the cumulative exports from Shougang totaled 1.77 million mt, ranking it the top exporter in China's steel industry.

In three years from 2003 to 2006, Shougang Group's annual steel exports have increased 8 times, from 250,000 mt to two million mt.