Stemcor opens office in Chile
Stemcor, the world’s largest independent steel trader, has established an office in Santiago, Chile. Effective September 1 2008, Stemcor Chile will be managed by Anibal Hevia, who brings many years’ experience to the Group and - in cooperation with Stemcor's regional head office in Sao Paulo - will assume responsibility for the development of Stemcor’s business in Chile.
Stemcor has a strong presence in South America, both in steel and steel-making raw materials. The Group is committed to growing its business in this fast growing region of the world, offering a range of added-value trading, distribution and financial services that spans every step in the steel supply chain.
John Mainwaring, director responsible for flat rolled products within Stemcor’s international trading division, said:” By expanding in South America, and in Chile in particular, the Group will be better able to meet the needs of its steel producing and consuming partners throughout the South American subcontinent”.