Mlion Corporation Pte Ltd (Mlion) announced that it has strengthened its position in key ASEAN markets, particularly Singapore and the Philippines, by securing a strategic minority investment from Nippon Steel Trading Corporation (NST). The partnership aims to capitalize on the growing demand for high-quality steel materials driven by extensive infrastructure developments in the region.
Established in 2011 and with nine offices across Asia and the Middle East, Mlion is a leader in the steel sheet pile market, distributing over 300,000 tons of steel materials annually. The company recently introduced two technological innovations, GoListid and GoTagID, which focus on the reusability and traceability of steel.
NST’s investment aligns with its long-term goals to strengthen its presence in the ASEAN market. NST plans to leverage Mlion’s local expertise and established network to expand its reach in this rapidly growing sector and strengthen its international business base.
The collaboration is expected to support Nippon Steel Group’s efforts in the overseas civil engineering and construction materials sector. Both companies are committed to delivering innovative, high-quality materials to meet the evolving needs of the construction industry, enhancing their corporate value and branding.
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