 Masteel International Trade & Economic Corporation (hereinafter referred to as Masteel Trade), a legal entity, is a wholly-owned subsidiary of Maanshan Iron & Steel Company Limited. Masteel Trade is a comprehensive trading corporation specialized in mining, equipment and spare parts purchasing, international & domestic logistics, steel products trade, and foreign affairs management, etc.
In December 1981, upon the approval of former State Import & Export Committee, Masteel Trade got the right for dealing with import and export business with the registered capital of 50 million yuan RMB and total capital of 7.65 million Yuan. RMB.
After more than twenty years’ development, the import & export business of Masteel Trade is expanding, which relates to many kinds of commodity and technology. Masteel Trade has been listed as one of the 500 largest enterprises of total import & export volume. Its import & export products spread to more than 30 countries and regions. It has built up a high-quality working team engaged in import & export business, logistics and management, and they have won the extensive recognition of cooperation partners during the negotiations with foreigners.
There are seven business departments and four comprehensive management departments in Masteel Trade: Project Import Department, Spare Parts Import Department, Raw Material Import Department, Overseas Logistics Department, Domestic Logistics Department, Mechanical and Electrical Products Export Department, External Business Department; Manager Office, Trade Management Department, Finace Department and Foreign Affairs Department.
And there are three overseas companies: Masteel (Hong Kong) Co. Limited, Germany MG company, and Masteel (Australia) Company.
With the brand of Maanshan Iron & Steel Company Limited and its own advantages as its foundation, Masteel International Trade & Economic Corporation has built up a long-term, extensive cooperation and strategic cooperation relationship with overseas customers and suppliers. And it has gained good reputation worldwide. In recent years, the total import & export amount of Masteel Trade exceeds more than USD 900 million.
As the key enterprise of importing products for Maanshan Iron & Steel Company Limited, Masteel Trade acts as its agent to deal with project importing, spare parts importing, raw material & fuel importing, mechanical and electrical products exporting and the management of international & domestic logistics. All the main production lines of Maanshan Iron & Steel Company Limited passed the assessment of ISO 9001 quality system certification. Among them, the train wheel and tyre gained the certificate of AAR of America.
Masteeltrade is intent to build itself into an international trade & economic corporation of competitive modernized group. It will establish and maintain a good brand of Masteeltrade and keep its credit standing in the market.
Masteel International Trade & Economic Corporation will as always continue its various forms of cooperation with its domestic and overseas customers, and establish a broad strategic partnership for common development. It endeavors to build up an international trade & economic corporation of competitive modernized group.
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