Increased Asian Demand Sees Masteel Increase Stockholdings in Singapore

Due to increased demand, Masteel UK Limited has increased the company's stockholding in Singapore to provide even more efficient turnaround for their customer base.

In July 2010, Masteel announced that they would be stocking high quality steel plate in Singapore for the first time. This commitment had been driven by market forces with clients looking for our support in providing a local supply source for high quality steel material.

Since the announcement, the company's stock has been continually replenished to the point where Masteel have now decided to increase the stockholding even further.

Patrick Lim, General Manager at Masteel Asia Pacific, states that "the decision to increase stock in Singapore clearly demonstrates increased customer demand for high specification and pre-tested steel plates which can be shipped immediately. With UK stock support also available for certain grades, this facility enables us to effectively service contracts throughout the Far East".

The type of steel grades available ex-stock, remain unchanged. Examples of their stock plates in Singapore include:

  • ASTM A / ASME SA516 Grade 70
  • ASTM A / ASME SA516 Grade 60
  • EN 10028 P355 NL1
  • BS 1501 224 490B LT50

The plates are supplied in normalised condition and are impact tested to -50° C. Hardness testing is according to NACE MR 0715 and NACE MR 0103. All the plates they keep stock in Singapore are of Western European origin and are provided with mill certification EN10204.3.1

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Masteel UK Ltd. (2019, February 09). Increased Asian Demand Sees Masteel Increase Stockholdings in Singapore. AZoM. Retrieved on April 14, 2024 from https://www.azom.com/news.aspx?newsID=26999.

  • MLA

    Masteel UK Ltd. "Increased Asian Demand Sees Masteel Increase Stockholdings in Singapore". AZoM. 14 April 2024. <https://www.azom.com/news.aspx?newsID=26999>.

  • Chicago

    Masteel UK Ltd. "Increased Asian Demand Sees Masteel Increase Stockholdings in Singapore". AZoM. https://www.azom.com/news.aspx?newsID=26999. (accessed April 14, 2024).

  • Harvard

    Masteel UK Ltd. 2019. Increased Asian Demand Sees Masteel Increase Stockholdings in Singapore. AZoM, viewed 14 April 2024, https://www.azom.com/news.aspx?newsID=26999.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.