August 27, 2016 7:46 AM ET

Trading Companies and Distributors

Company Overview of Stemcor Holdings Limited

Company Overview

Stemcor Holdings Limited trades and distributes steel and steel making raw materials to producers and purchasers of steel. The company offers customized finance packages to the steel industry; supplies steel producers with raw materials used in the production process, including iron ore, pig iron, HBI/DRI, coal, coke, ferroalloys, and scrap; trades long, flat, tubular, and semi-finished steel products, as well as engineering steel, stainless steel, and other steel products for automotive, engineering, and oil and gas markets; and offers price risk management solutions. It also offers logistics services, such as handling, loading, shipping, breaking bulk, storage, insurance, inspection, inlan...

CityPoint

1 Ropemaker Street

London,  EC2Y 9ST

United Kingdom

Founded in 1951

1,410 Employees

Phone:

44 20 7775 3600

Fax:

44 20 7775 3679

Key Executives for Stemcor Holdings Limited

Chief Executive Officer and Director
Age: 56
Chief Financial Officer and Director
Age: 58
Director of Far East, Director and Managing Director of Stemcor (SEA) Pte Ltd
Age: 52
Group Managing Director
Age: 54
Head of Stemcor Norway AS
Compensation as of Fiscal Year 2016.

Stemcor Holdings Limited Key Developments

Anshan Reportedly Seeks To Acquire Stemcor

Anshan Iron and Steel Group Corporation is looking to acquire international trading business of Stemcor Holdings Limited, sources close to Stemcor told Steel First on January 16, 2015. "We are in conversations with a number of parties that have expressed interest in acquiring Stemcor’s core trading and distribution business," a spokesman for Stemcor told Steel First. The sale of Stemcor’s trading business to Anshan would represent the second major acquisition by a Chinese steel mill of a European steel trading company in the past year.

Aditya Birla To Acquire Stemcor Indian Assets

Aditya Birla Management Corporation Pvt. Ltd. is planning to acquire Indian assets of Stemcor Holdings Limited. There is no guarantee that these discussions will result in a definitive transaction, according to the people cited earlier. Spokesperson of Birla Group said that the group does not comment on market speculation and spokesperson for Stemcor in London said, "The regulatory environment in Odisha is currently quite complicated so our discussions with third parties are on hold until the situation is resolved. There is no timeline attached to the sale of our Indian assets. All of that said, they are very valuable assets and continue to attract interest. We don't comment on any specific approaches or dialogue."

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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