China Minmetals Corp. has officially acquired Siegfried Pilz Sottrum, a stainless steel service center near Bremen in Germany and plans to expand its capacity in the next few years. Siegfried Pilz Sottrum is spread over an area of 20,000sq/m. The monthly steel processing capacity of this steel service center at present is 1000tns. Mr Wolfgang Pentzek, business manager responsible for the stainless steel department of Minmetals Germany said that China Minmetals was the managing distribution business of European steel through a warehouse in Antwerpen, Belgium. CMC bought a site near this service center and plans to double Siegfried Pilz in the next 3 or 5yrs in order to provide different processing services. The center will mainly purchase raw materials from China but at the same time they welcome other suppliers from other countries too. |
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