Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 13, 2016 5:14 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: 55
Chief Financial Officer and Director
Age: 57
Director of Far East, Director and Managing Director of Stemcor (SEA) Pte Ltd
Age: 51
Group Managing Director
Age: 53
Head of Stemcor Norway AS
Compensation as of Fiscal Year 2015.

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."

Essar Reportedly In Talks To Acquire Stemcor's Assets

Essar Steel India Limited is reportedly in talks to acquire Stemcor Holdings Limited's Indian iron ore stake. Essar Steel has joined Jindal Steel & Power Ltd. (BSE:532286); Tata Steel Limited (BSE:500470); and JSW Steel Ltd. (BSE:500228) in the bidding battle for Stemcor India Pvt Ltd.'s iron ore assets. "We are in talks with Stemcor and keenly looking to acquire Stemcor's Indian assets," a source at the company said Steel First. "We have worked together in the past and have good relations with the company's management," the source added. Stemcor sold its stake in the mill to Essar Steel in 2003. "However, it is not our policy to comment on any specific proposal."

Similar Private Companies By Industry

Company Name Region
Movac Group Limited Europe
FUCHS Lubricants (UK) plc Europe
Design Catering Equipment Ltd. Europe
UK Forks Limited Europe
Swanshire International Ltd Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 20, 2015
Barclay & Mathieson Ltd.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Stemcor Holdings Limited, please visit www.stemcor.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.