Smorgon Steel still continues its expansion strategy
Australian integrated steel producer Smorgon Steel Group Ltd. has taken two further steps along its planned international expansion strategy.
The company has decided to purchase the South Pacific
scrap metal collection assets from the Wanless Group of Companies. The Wanless group has carried on a
scrap metal collection business in the South Pacific for eight years and has established a strong existence in both
Papua New Guinea and
Fiji. The company also provides
scrap to Smorgon Steel Recycling while purchases its other requirements from Smorgon Steel
Distribution.
Furthermore, Smorgon has also announced that it will open a new
trading office in New Delhi in August 2003.
In addition, company authorities stated that the company has begun to see real benefits from their
China and
New Zealand trading offices.
Smorgon Steel Group Ltd. is a successful Australian company that produces, markets and distributes broad range of steel and steel products.