Steady Operation! SUMEC METAL Wins Honors

In recent years, with the continuous deepening of China’s supply-side structural reform, the concentration of the steel industry has increased, but there are still multiple challenges such as supply and demand imbalance, disorderly competition, environmental pressure and trade barriers. As the core business of SUMEC-ITC, the steel business has played a core role in maintaining the company’s operating income scale. From January to November 2024, SUMEC-ITC operated 7.6 million tons of domestic steel trade and exported 2 million tons, with the total scale basically the same as the same period last year, maintaining stable operations in a complex and changing international environment and fierce market competition.

In the future, SUMEC-ITC will accelerate the pace of transformation and upgrading, strengthen resource construction and capacity improvement, serve industrial customers with a higher level of professional operation capabilities, help the steel industry develop in the direction of high-end transformation, technological innovation, and green development, and make greater contributions to enhancing the international competitiveness and brand influence of China’s steel industry!