Overview
Singapore home to over 70% of top global minerals and mining companies
Singapore boasts an effective trading landscape attracting some of the leading global metals and minerals organizations into the country. The Minister of Trade and Industry also reportedly stated that Singapore is home to more than 70% of the top minerals and mining companies, and consists of approximately 60% of the world’s top thirty steel companies. These firms have anchored their key operations in the city-state.
International mineral and metal firms are enticed to establish their operations predominantly due to the availability of expertise in the country, cost-effective finance and high-precision financing tools, the increased focus on bulk shipping and an effective trading framework for the functioning of a business.
Neutral and standardized marketplace makes Singapore a key global metals trading hub
According to a study conducted by an Asia-Pacific mining sector study in 2014, Singapore was a country with low mining potential. However, the circumstances have since changed for the city-state, as industrialists now believe that Singapore has the prospects to develop into a central hub for the international mining industry, despite not possessing the natural resources required, such as coal mines or precious stones. This assumption implies that Singapore is strategically located at the intersection of the metals and minerals supply in Asia Pacific.
Likewise, Singapore steers the trading of commodities and the financing aspect of the market as well. It has emerged as an international trading hub for iron ore, which is a key component of steel, by significantly facilitating the trading of iron ore through a neutral and standardized marketplace. Singapore has shifted from simply accommodating a few iron ore trading companies to facilitating some of the largest companies, which have trusted the city-state as an international trading location.
Metals sub-sector serves as facilitator for other sectors in the economy
The manufacturing sector is a key sector of the Singaporean economy and contributes to 21% of GDP. It spurs the progress of the remaining sectors of the economy through inter-dependencies between them. Similarly, the manufacture of metals is a part of the value-added component of the manufacturing sector. Market changes in the metals sector directly affect other sectors such as manufacturing, construction and the service sector of the economy.
Key Trends
Metal prices remain high post-pandemic as a result of supply chain disruptions
The pandemic crisis affected the sector intensely and halted industrial supply chains across the globe for several months during 2020 and well into 2021. This resulted in a steep downturn of demand and a standstill in production, with metal prices escalating post-pandemic. Hence, the prices of construction, both residential and commercial in Singapore, are expected to remain high for the most part of 2022.
Key industry players expect prices to reach more stable levels only in 2023, amid Chinese mining and metal companies coming back online with production. However, this might see further disruptions given the recent increase in oil prices. Energy typically accounts for 20-25% of the operating costs of mining and metal companies, and rising energy costs are likely to lead to a further price escalation.
Environmental, Social and Governance (ESG) initiatives work in favor of the sector
Continued efforts towards the reduction of the carbon footprint and interest in ESG initiatives have propelled the demand for electric vehicles. This has resulted in an increasing demand for metal raw materials required in the production of batteries, such as lithium carbonate, cobalt metal, lithium hydroxide and cobalt hydroxide. This has therefore led to the issuing of energy-metal derivatives by investment giant Singapore Exchange Ltd.
Key Statistics
- The total number of establishments in 2020 included 39 basic metals producers and 1,165 fabricated metals producers
- The index of production growth for basic metals in 2021 was 111.056 (97.569 in 2020), and 108.954 (91.364 in 2020) for fabricated metals
- The total output of basic metals as of 2020 was SGD 1,157.4 million, while the output of fabricated metals amounted to SGD 7,315.4 million
- Non-ferrous Metals imports decreased from SGD 456.75 million in December 2021, to SGD 430.98 million in January 2022
Top Singapore MNCs in Metal Sector
HERAEUS MATERIALS SINGAPORE PTE. LTD.
Heraeus Materials Singapore is a subsidiary of the Heraeus Group, which was established in Hanau, Germany. Heraeus Materials Singapore specialises in providing products and services for precious metals through its Heraeus Precious Metals branch. It provides expert and comprehensive medical component manufacturing services through its Heraeus Medical Components facility, while its Heraeus Medical facility focuses on providing medical products for surgical orthopaedics and traumatology. For the manufacture of metallisation pastes for solar cells and for providing advanced products and services to the PV industry, it set up Heraeus Photovoltaics. For the electronics industry, Heraeus Electronics is its manufacturer of materials that assembles and packages devices. Heraeus Medical has been awarded the Top 100 Award several times for being one of the most innovative German enterprises.
METALOR TECHNOLOGIES SINGAPORE PTE. LTD.
Metalor Technologies Singapore is a branch of Metalor Technologies SA of Switzerland, which belongs to the TANAKA Group, a precious metals specialist. Metalor Technologies Singapore was incorporated in 2001, and it is both a manufacturer and marketer of precious metals. Its gold refinery produces a capacity ranging from 50 to 150 tonnes a year.The refinery is not only an asset to increasing cost efficiency amongst Asian bullion traders, it is also strategically located in the centre of the gold trading supply chain between two of the largest consumers of gold - China and India. Metalor Technologies Singapore also produces silver products.
VALE BASE METALS ASIA PACIFIC PTE. LTD.
REPEATED COMPANY (See MNCs 2/No.26)
DUFERCO ASIA PTE. LTD.
Duferco International Trading Holding is a global company headquartered in Luxembourg, which is engaged in the trade and distribution of steel and raw materials that are essential to steel production. Duferco Asia was incorporated in Singapore in 2005. Through Hebsteel Global Holding (Singapore), a branch of the Hebsteel Group in China, it is responsible for the wholesale marketing of metals and metal ores, as well as being involved in the distribution and trading of steel and raw materials. The company’s Services Division takes care of the insurance, logistics, shipping, and technical support services.
BHP BILLITON MARKETING ASIA PTE. LTD.
Broken Hill Proprietary (BHP) was a producer, developer and marketer of iron ore, copper, oil and gas, diamonds, silver, lead, zinc and various other natural resources. In 2001, it merged with Billiton, a metals and mining company which produces aluminium and alumina, chrome and manganese ores and alloys, steaming coal, nickel and titanium minerals. BHP Billiton Marketing Asia is the Sales and Marketing division of BHP Billiton, and was incorporated in Singapore in 2001. It is responsible for the sales and marketing of BHP Billiton’s products and resources, as well as providing sustainable initiatives to BHP Billiton’s downstream supply chain. Through the BHP Billiton Freight Singapore office, it provides freight and maritime transportation services to meet BHP’s inbound and outbound transportation requirements.
RIO TINTO MARKETING PTE. LTD.
Rio Tinto is a mining and metals company that was founded in the UK. It produces iron ore, copper, minerals and aluminium through its various businesses across 35 countries. The company has a commercial division for sales and marketing, procurement, and maritime and logistics operations. Rio Tinto Marketing was incorporated in Singapore in 2005. It markets and distributes wholesale metals and metal ores such as copper and iron ore, as well as coal and diamonds. Rio Tinto’s Singapore office also provides maritime and logistics operations, and shipping and freight services, to assist the distribution of the company’s products to other branches. Rio Tinto’s Singapore branch was nominated for the Singapore Corporate Counsel Association’s (SCCA) Singapore Chief Legal Officer (CLO) Award in the Multinational Company category.
KUMBA SINGAPORE PTE. LTD.
Anglo American Plc is a global mining company headquartered in the United Kingdom. Its South African operation, Anglo American Kumba, is a leading supplier of iron ore to the global steel industry. Kumba Singapore became its commercial arm in 2013, and it launched a triangular shipping strategy to improve efficiency in its supply chain. The Singapore operations is the Asia-Pacific marketing hub for Kumba’s high grade iron ore, manganese, and copper metals. Kumba’s shipping team relocated from Hong Kong to Singapore, and Anglo American’s Singapore team assists with market intelligence, shipping, and risk performance management services. It also offers sales and logistics services to customers.
MRI GROUP PTE. LTD.
MRI Group, which was incorporated in 2010, is the Singapore office and logistics hub of MRI Trading, Switzerland. MRI Group’s Singapore office is responsible for the wholesale and trading of metals and metal ores. MRI belongs to the CWT Group and is a well-known leader intrading, metals and minerals, bulk and freight. MRI trades concentrates, ores and non-ferrous metals, and sources and markets these products through its global network of offices, Singapore being one of them. It also provides trade finance solutions to suppliers and consumers in the spheres of refinery, pre-production, mine-site, and port financing. MRI provides business development services such as short-to-medium-term funding solutions, which are connected to marketing agreements or commercial supply. It also offers risk management services and uniform contract terms to lessen the commercial risk of transactions.
ERDEMIR ASIA PACIFIC PTE. LTD.
Erdemir Asia Pacific Pte. Ltd. (EAPPL) is a subsidiary of OYAK Mining Metallurgy, a global iron and steel producer in Turkey. EAPPL is its Asia-Pacific regional head office, and was established in Singapore in 2014. Erdemir is a producer of flat steel, plates, chromium and zinc coated flat steel, and hot and cold rolled tin. It offers basic inputs to the automotive, ship building, machinery manufacturing, general construction, white goods, electrics and electronics, pipe manufacturing, agricultural equipment, heating equipment, and packaging industries. EAPPL is responsible for all of OYAK Mining Metallurgy’s operations within the Asia-Pacific region - including Sales and Marketing, Business Development, Procurement, Corporate Communications and Technology. In Capital Magazine’s survey of Turkey’s 14th Most Admired Companies, Erdemir was ranked the Most Admired Company. For its Power Plant Optimization Project, EAPPL was declared the winner in the Large-Scale Enterprise / Process Improvement category at the Efficiency Awards.
SORIN CORPORATION SINGAPORE PTE. LTD.
Sorin Corporation Singapore was established in 2011 and represents South Korea’s Sorin Corporation in the South-East Asian region. Headquartered in Seoul, Sorin Corporation is a global market leader in base metals, chemicals, marketing, trading, SCM and IT Solutions, backed by years of experience, stable export sales, and logistics collaborations with affiliate smelters. Its metal products include zinc, lead, aluminium, copper, Galvalume, nickel and minor metals, and it also produces chemical products such as sulphuric acid. Sorin Corporation offers market intelligence services, commodity financing services, and warehousing and delivery services as well.
Top Singapore Large Local Enterprises in Metal Sector
BRC ASIA LIMITED
Formerly known as Malayan Wire Mesh & Fencing, BRC Asia was founded in Singapore in 1938. A steel reinforcement solutions provider, it has since expanded its operations to Malaysia and China. With manufacturing and storage facilities across Singapore, it provides customised steel reinforcement services and solutions which include welded wire mesh, prefabricated cages, cut-and-bend reinforcement bars, and fencing solutions. BRC Asia has supplied products and services to well-known structures and cultural landmarks such as the National Library of Singapore, Marina Bay Sands, Gardens by the Bay, the Marina Bay Financial Center, and the Pinnacle @ Duxton.
ASIA ENTERPRISES HOLDING LIMITED.
Asia Enterprises, which was incorporated in Singapore in 1961, is a distributor of steel products. It operates three steel facilities to supply over 1,200 steel products, including angles, round/flat bars, ship building plates, beams, and pipes among others. Asia Enterprises is a wholesaler of steel products through its collaboration with steel mills and global steel traders. It supplies these products in smaller quantities to many industries, including oil and gas, construction, marine and offshore, manufacturing, precision metal stamping, and engineering/fabrication. Asia Enterprises entered into a joint venture with Marubeni-Itochu Steel to provide precision steel processing services. In 2007, it won Forbes Asia’s 200 Best Under A Billion Award.
SOON LIAN HOLDINGS LIMITED
Founded in 1983, Soon Lian, formerly known as Soon Lian Hardware, is a specialist supplier of aluminium alloy products, primarily to the precision engineering, semiconductor and marine industries. With nearly four decades of experience, it has expanded globally to more than 15 countries. In order to cut aluminum alloy products into various customised sizes and forms, it uses a CNC (Computer Numerical Control) plasma cutting system, a CNC high-precision bandsaw, and a custom-designed vertical saw. Soon Lian was honoured at the Accenture and The Business Times’ Enterprise 50 Awards in 2007, and it won the SPBA-Heritage Brands Award in 2014. Moreover, DP Information Group and its partner Ernst & Young Solutions, SPRING Singapore, IDA Singapore, ACRA, IE Singapore, and Singapore Business Federation (SBF) have all listed Soon Lian as a Singapore 1000 company.
HG METAL MANUFACTURING LIMITED
HG Metal Manufacturing is one of the largest steel distributors and processors in Singapore. Founded in 1971, it began operations as a small retailer of steel products. Today, with 50 years of experience in the industry, it is a premier steel manufacturer and stockist in Singapore. Across Singapore, Malaysia, Myanmar and Indonesia, HG Metal Manufacturing serves as the link between upstream steel producers and end users, by providing end-to-end customised steel solutions for the reinforcement, construction, ship-building, energy, and electronics sectors. HG Metal Manufacturing is listed on the Singapore Stock Exchange’s main board, and has received BizSAFE STAR, SAC and UKAS’ Management Systems certifications.
OM MATERIALS (S) PTE. LTD.
OM Holdings is a global manganese and silicon smelting company based in Singapore. Over the last 25 years, it has earned a reputation for trading raw ores, smelting, and marketing processed ferroalloys. OM Materials (S) - OMS, incorporated in 1999, is a subsidiary of OM Holdings, and is the Group’s marketing and procurement hub. OMS has experience in marketing ores and ferroalloys which has helped the company to develop an extensive trade network, and has gained recognition for connecting its raw materials with buyers and users. It is responsible for the Group’s streamlined raw material procurement and product sales operations. OMS is also responsible for OM Materials (Qinzhou) Trading - a distribution arm located in China.
UNION STEEL PTE. LTD.
Union Steel Holdings (formerly known as YLS Steel) is a multi-business investment holding company in Singapore, which specializes in metal, scaffolding and engineering. Union Steel is a subsidiary of Union Steel Holdings, and was incorporated in Singapore in 1991, as a distributor of construction steel. It is a trader of steel reinforcement bars, and recycles non-ferrous scrap metal to produce non-ferrous products. It also provides custormised fabrication and cut-and-bend services for reinforcement rods and bars. Union Steel is certified by ISO and was awarded the Certificate of Achievement 2009-2010 by DP Information Group.
ANNAIK LIMITED
AnnAik Limited is a distributor of general hardware products, and was incorporated in Singapore in 1977. It also engages in the sale and distribution of stainless steel piping and products. The company became a distributor of stainless steel butt-weld pipe fittings for a Japanese manufacturer, and today it has developed its expertise to manufacture steel forged flanges in China. AnnAik Limited has three divisions: a manufacturing facility in Malaysia produces forged steel flanges, and customised stainless steel and carbon steel forged flanges;the distribution arm in Singapore is reputed for its steel piping products serving diverse industries including oil and gas, marine engineering, offshore, ship building and semiconductor; and its environmental and engineering division is adopting the Build-Own-Transfer (BOT) concept to construct industrial wastewater treatment plants in China, and provides consulting services in water resource management for governmental and commercial operators. AnnAik gained the ISO certification for quality management operations, and was accredited by BizSAFE STAR.
VIANT PTE. LTD.
VIANT Commodities (VIANT) is a global non-ferrous metals merchant which was established in Singapore in 2016. It has offices in Hong Kong, Shanghai and Switzerland. It sources metals such as copper, zinc, nickel, aluminium, lead and tin, from its vast network of specialised distributors and producers. By partnering with first-class logistics service providers and reputable warehouse companies, VIANT takes responsibility for the transportation and storage of these metals.The company has also entered into partnerships with converters to toll metal ores, semi-refined metals and concentrates into refined materials. In various markets, it simultaneously purchases and sells metals using trading methods such as commodity exchanges, interest differentials and premium differentials. VIANT trades its products across the globe in countries such as Australia, China, South Korea, the United Kingdom, Spain, and Germany.
MANUFACTURING NETWORK PTE. LTD.
Manufacturing Network Pte. Ltd. (MNPL), a member of New Wave Holdings, was established in Singapore in 2000. MNPL focuses on importing and exporting non-ferrous metals. Its metal service centres and facilities acquire these metal products from primary producers, for the cutting of aluminium alloy plates, sheets and extrusion bars and profiles, which are sold to customers in many different industries including precision engineering, semiconductor equipment, transport engineering, and electronics. MNPL has an extensive global supply chain network and a resourceful management team to help increase productivity and reduce manufacturing/ fabrication costs for its customers. MNPL has expanded its operations to Malaysia and China as well.
RAFFEMET PTE. LTD.
Established in Hong Kong in 1988 as Nonfemet Futures, the company was relaunched as Raffemet in Singapore in 1995 as a non-ferrous metals company for the trading and transportation of six base metals listed on the LME - copper, aluminium, zinc, lead, tin and nickel. It is the first Asian country to transport all six LME metals from warehouses. It also provides metal hedging services on the LME market, and offers financing and pre-export financing services of end-to-end metals operations to consumers and producers. Over the years, Raffemet has established branches in Shanghai and in The Hague, while also maintaining representative offices in Beijing, Foshan, Chongqing, Changsha and Hanoi. By partnering with Chinese smelters, it successfully registered many Chinese lead and zinc brands on the London Metal Exchange. Raffemet received the 50 Fastest Growing Companies Award in 2005, 2006, 2012 and 2013, and it has been listed since 1999 on DP Information Group’s Singapore 1000 Awards list as well.
Top Singapore SMEs in Metal Sector
FMB TRADING AND ENGINEERING PTE. LTD.
FMB Trading and Engineering is a laser cutting service provider, which was established in Singapore in 1991. It provides complete sheet metal fabrication services including laser cutting, metal bending, metal shearing, and metal rolling, using metals such as aluminium, mild steel and stainless steel. Other services offered by the company include surface treatment services such as powder coating, retailing of raw materials, sheet metal related contract manufacturing services, engineering consultancy services, reverse engineering, rapid prototyping and integration/assembly work. FMB Trading and Engineering is certified by ISO, BizSAFE STAR and by the Occupational Health and Safety Management Systems - OHSAS.
KIM ANN ENGINEERING PRIVATE LIMITED.
Kim Ann Engineering is a global one-stop speciality metal supply centre which was incorporated in Singapore in 1974. Having three facilities across Singapore, it delivers about 20,000 tonnes worth of metal and metal products, including round, square and flat metal bars, plates or sheets, tubes, rolled rings, stainless steel foil, silver steel, beryllium copper strips, wires, rods and plates. The company also provides heat treatment, machining, sawing, sizing and slitting; and supply chain and logistics management services to the Precision Engineering, Oil and Gas, Aerospace and Defense, and Electronics industries. Kim Ann Engineering was honoured at the Enterprise 50 Awards for five consecutive years from 2003, and clinched first position in 2007. It was awarded the ASEAN Family Business Award 2018, and has been listed as an SME 500 company since 2000. It has also been listed in the Singapore1000 rankings since 2006.
HUA GUAN METAL & ENGINEERING PTE LTD
Hua Guan Metal & Engineering was established in Singapore in 1977. It is a supplier and an established stockist of metal bars and wire to the Precision Industries of the Asia-Pacific region. It provides metal products which include stainless steel, aluminium, free cutting steel, and carbon and alloy steel bars and wires of various dimensions and shapes. With over three decades of experience, Hua Guan Metal & Engineering has expanded its operations across Asia to Malaysia, Thailand and Vietnam.
MMA STEEL PTE. LTD.
MMA Steel, a furniture producing company, was established in Singapore in 1972. In the early days of its operations, MMA Steel was known as Manufacturing and Merchandising Associates. Over time, it expanded its operations and invested in the latest fabrication technology - metal tubular bending machines from a reputable company in Italy. MMA Steel offers stainless steel finishing services, tube bending and rolling services, and metal fabrication services for customised items of furniture. In the 1980s, MMA Steel installed stainless steel railings in Terminal 1 and Terminal 2 at Changi Airport. It was also involved in projects at Jurong Point, Orchard Mandarin, The Marbella, Riverview Hotel and Parc Life.
KIAN HUAT METAL PTE. LTD.
Kian Huat Metal is a distributor of aluminium and stainless-steel products, which was incorporated in Singapore in 1998. It sources aluminium and stainless-steel products, including flat, angle, round/square bars, and universal beams and channels, from reputed manufacturers in China, Malaysia, Thailand and Indonesia. It markets these products to both local and international customers. The company provides steel finishing services such as galvanising, coating and cutting, customised high-precision metal fabrication services, and customised metal cutting services for various dimensions. Other services provided by the company include delivery and shipping. Kian Huat Metal has a wide distribution network of 20 countries across the Asia-Pacific region, including reputable clients such as Sembcorp Marine, Keppel, Marina Bay Sands, ST Engineering, Nanyang Technological University Singapore, and SMRT Trains.
BROOKLYNZ STAINLESS STEEL PTE. LTD.
Brooklynz Stainless Steel is a specialized tier 1, stainless steel fabrication company which was founded in Singapore in 2012. With its in-house design team and workshop of skilled fabricators and installers, it provides services involving design, fabrication, and installation of customized stainless-steel products for construction related projects. Some of its projects include Jurong Fire Station, Punggol Watertown Shopping Mall, Sportshub Singapore, Maarof Mosque, King Albert MRT Station, Beauty World MRT Station, Tampines Townhub, and Holland Village Shopping Mall. Brooklynz Stainless Steel was awarded Vision Media Group’s Singapore Prestige Class Award 2020/2021, and Singapore’s Business Trust Award 2020/2021. It is certified by the Singapore Business Federation, BizSAFE STAR, and the British Assessment Bureau.
CITITECH INDUSTRIAL ENGINEERING PTE. LTD.
Cititech Industrial Engineering is an essential services provider and sheet metal fabricator, which was established in Singapore in 1994. It specializes in customized precision metal fabrication, utilising metals such as stainless steel, aluminium, mild carbon steel, copper, and brass. The company provides a range of services including laser cutting, welding, milling/lathe, press brake bending, tapping, countersinking and deburring, tubing and bar stock cutting, turret punching, PEM-serting, powder coating, and painting and assembling of aluminium boxes, SUS Cabinets and fire/waterproof marine doors. It also provides delivery services across Singapore. The company has a subsidiary -EQ Cititech Recreation - which specialises in outdoor fitness equipment, playground equipment, park benches and other park accessories. Cititech Industrial Engineering is certified by ISO for Quality Assurance, and BizSAFE STAR’s SS506: Part 1 Management System Standard.
STARKE SINGAPORE PTE. LTD.
Starke Singapore is a reputed one-stop metal service centre, which was founded in Singapore in 2006. It provides premium metals and metal products of copper, brass and stainless steel, as well as aluminium alloys, precision finished parts, extrusions, and plates and sheets of various dimensions. Its facilities use state-of-the-art equipment including Italian-made CNC fully automated cutting machines, an Australian automated hydraulic workshop press to meet flatness requirements of customers, a German-made Altendorf table-top saw, and a fully automated horizontal band saw and vertical band saw manufactured in Taiwan. The company offers metal management services, one-stop solution services, and warehouse logistics services to the Aerospace and Defense, Pharmaceutical, Semiconductor and Precision Engineering industries. Starke Singapore is certified by Intertek and BizSAFE STAR’s Level 3 certification. It has been awarded GLEICH Aluminium’s Authorised Distributor Award, KAISER Aluminium’s Valued Distributor Award, and KUMZ’s Authorised Stockist Award.
JALITAR METALS PTE. LTD.
Jalitar Metals is an architectural metal contractor. The company was established in Singapore in 2000. It designs, fabricates, and offers supply and installation of architectural metal work, which includes claddings, railings, nosings, trellises, canopies, louvres, glasswork, spiral staircases, gratings, and sliding and park doors for various construction projects in Singapore. Some of the projects Jalitar Metals has been involved in include CapitalSpring, Changi Airport Terminal 4, Changi Airport Passenger Loading Bridges, Supertrees at Gardens by the Bay, Ritz-Carlton Millenia, Helix Bridge, Loft Kitchen, Grand Hyatt, Singapore Sports Hub, Keppel Bay Bridge, and Mount Elizabeth Novena Hospital.
CHOON HOE HENG PTE. LTD.
Choon Hoe Heng, which was established in Singapore in 1988, is a full metal services company, which provides processing, manufacturing, installation and maintenance of fabricated products. It uses galvanised iron, aluminium, stainless steel, mild steel and other materials in the manufacturing process. In addition, it offers metal manufacturing services such as welding, flanging, sawing, shearing, rolling and CNC Plasma cutting. The company also provides hot-dip galvanising, epoxy paint spraying, raw finishings and other finishing services. Choon Hoe Heng has gained the ISO:9001 certification for its services.
Top Singapore Fastest-Growing Companies in Metal Sector Companies
SORIN CORPORATION SINGAPORE PTE. LTD.
Sorin Corporation Singapore was established in 2011 and represents South Korea’s Sorin Corporation in the South-East Asian region. Headquartered in Seoul, Sorin Corporation is a global market leader in base metals, chemicals, marketing, trading, SCM and IT Solutions, backed by years of experience, stable export sales, and logistics collaborations with affiliate smelters. Its metal products include zinc, lead, aluminium, copper, Galvalume, nickel and minor metals, and it also produces chemical products such as sulphuric acid. Sorin Corporation offers market intelligence services, commodity financing services, and warehousing and delivery services as well.
SINGAPORE ADVANCED THIN FILM MATERIALS PRIVATE LIMITED
Repeated Company as per client.
CONCORD FORTUNE BASE METALS PTE. LIMITED
Concord Fortune Base Metals, which was incorporated in Singapore in 2018, is a regional operations centre of the Concord Fortune Group in Hong Kong. Concord Fortune Base Metals is responsible for the wholesale of metals and metal ores, and for the trading of non-ferrous metals. Concord Fortune provides trading services for metals which include mineral ore such as iron ore, manganese ore and nickel ore, and base metals which are all LME commodities: aluminium, nickel, lead, zinc, copper and tin. It also offers financial derivative trading, hedging, logistics management, and international shipping services. In addition, it provides other investment services in the spheres of food and restaurants, real estate, agriculture, environmental protection and sustainable development. Concord Fortune Group’s Concord Fortune Charity Fund donates funding from its day-to-day operations to help underprivileged children’s education, in order to give them a better future and help them earn a living independently.
TFE CONNECTION PTE. LTD.
TFE Connection is a company which supports global steel fabricators by providing custom built-up/welded sections with AISC and CWB fabrication compliance. Its Asia-Pacific regional office was incorporated in Singapore in 2019. TFE Connection provides steel fabrication services which include blasting and hot-dip galvanisation, CNC drilling, cut-to-size, cambering of beams, edge preparation, and coping of beams. It also offers other services which range from value-added solutions related to its supply and product testing, to data reports and logistics management services. It utilises BlockChain technology to continuously develop solutions for customers within Structural Steel Construction, Infrastructure, Mining, Stadium Steel Construction, Bridges, and Marine and Civil markets. TFE Connection is certified by AISC, GRP, World Steel Association, ACRS, and ISO.
SPECIAL STEELS & ALLOYS S.E. ASIA PTE. LTD.
Special Steels & Alloys S.E. Asia was incorporated in Singapore in 2011. It has expertise in providing high-corrosion-resistant steel alloys and other alloys, such as copper nickel alloys, nickel alloys, austenitic steel, (Super) duplex ferritic-austenitic, low alloys and titanium. It also provides in-house testing facilities such as PMI measurements, Ultra Sound analysis, Dimensional inspection, Ferrite measurements, LDP facilities and Spectro analysis. The company has operations in Europe and serves the On-Offshore, Petro-Chemical, Desalination and Power Generation industries. Special Steels & Alloys S.E. Asia has a strong partnership with KME Germany, a pan-European industrial group that is well-known for its copper and copper alloy products.
STARKE SINGAPORE PTE. LTD.
Starke Singapore is a reputed one-stop metal service centre, which was founded in Singapore in 2006. It provides premium metals and metal products of copper, brass and stainless steel, as well as aluminium alloys, precision finished parts, extrusions, and plates and sheets of various dimensions. Its facilities use state-of-the-art equipment including Italian-made CNC fully automated cutting machines, an Australian automated hydraulic workshop press to meet flatness requirements of customers, a German-made Altendorf table-top saw, and a fully automated horizontal band saw and vertical band saw manufactured in Taiwan. The company offers metal management services, one-stop solution services, and warehouse logistics services to the Aerospace and Defense, Pharmaceutical, Semiconductor and Precision Engineering industries. Starke Singapore is certified by Intertek and BizSAFE STAR’s Level 3 certification. It has been awarded GLEICH Aluminium’s Authorised Distributor Award, KAISER Aluminium’s Valued Distributor Award, and KUMZ’s Authorised Stockist Award.
VALE BASE METALS ASIA PACIFIC PTE. LTD.
Repeated Company (See MNCs 2/No.26)
METALOR TECHNOLOGIES SINGAPORE PTE. LTD.
Metalor Technologies Singapore is a branch of Metalor Technologies SA of Switzerland, which belongs to the TANAKA Group, a precious metals specialist. Metalor Technologies Singapore was incorporated in 2001, and it is both a manufacturer and marketer of precious metals. Its gold refinery produces a capacity ranging from 50 to 150 tonnes a year.The refinery is not only an asset to increasing cost efficiency amongst Asian bullion traders, it is also strategically located in the centre of the gold trading supply chain between two of the largest consumers of gold - China and India. Metalor Technologies Singapore also produces silver products.
HERAEUS MATERIALS SINGAPORE PTE. LTD.
Heraeus Materials Singapore is a subsidiary of the Heraeus Group, which was established in Hanau, Germany. Heraeus Materials Singapore specialises in providing products and services for precious metals through its Heraeus Precious Metals branch. It provides expert and comprehensive medical component manufacturing services through its Heraeus Medical Components facility, while its Heraeus Medical facility focuses on providing medical products for surgical orthopaedics and traumatology. For the manufacture of metallisation pastes for solar cells and for providing advanced products and services to the PV industry, it set up Heraeus Photovoltaics. For the electronics industry, Heraeus Electronics is its manufacturer of materials that assembles and packages devices. Heraeus Medical has been awarded the Top 100 Award several times for being one of the most innovative German enterprises.
A.M. CASTLE & CO. (SINGAPORE) PTE. LTD.
A.M. Castle & Co. (Singapore), is a branch of the US-based specialty metals distribution company, and was established in Singapore in 2006, as a provider of metal and related services for aerospace customers in the region. It also established an office targeting the Oil and Gas sector in 2009, for customers across South-East Asia, Japan, China and India. A.M. Castle & Co. offers metals such as carbon, aluminium, stainless steel, titanium, cast iron, nickel, brass and chrome. It provides cutting, grinding, heat treating, machining and testing services. In addition, the company offers heat stamping, forming/drilling, demagnetizing, deburring, chrome plating, bevelling, camphoring, bar coding and packaging. A.M. Castle & Co. is certified by ISO and TUV.
