International steel trading is one of the core businesses. We source bulk quantities of steel products from reputable steel mills to fulfill specific requirements of end-users in different industries. At the same time, we are sourcing iron ore and coal from iron ore/coal mines for steel mills and power plants.
The Group provides value-add services such as sourcing products, arranging for insurance services and related logistics services to deliver the products to customers.
The Group's trading activities plays an important part in the steel industry by sourcing raw materials from countries with overall cost competitiveness to supply to customers in different key markets who are in need of the resources.
Products that are handled and traded by the division include raw materials such as Iron ore, scrap, pellet, pig iron and coal, semi-finished including ingot, blooms, billet, slab, long and flat products.
The Group derives its supply from iron ore mines, steel mills and other steel producing companies that supply high quality steel products and related raw materials at competitive pricing. Novo counts over half of the world's top steel producing companies as its partner.
