Bisalloy partners for market expansion

High strength steel manufacturer Bisalloy (ASX: BIS) is partnering with Singaporean/Chinese manufacturer Leong Jin (Changzhou) Special Steel to better penetrate Australian and South-East Asian steel markets.

Bisdalloy will complement its range with Leong Jin product in Australia and the two companies will jointly pursue sales and distribution opportunities in Thailand, Indonesia and New Zealand.

Bisalloy is Australia’s only manufacturer of quenched and tempered (Q&T) wear and structural steels used in mining, construction, fabrication and to produce armour plate for the military.

Singapore-based Leong Jin operates a Q&T manufacturing facility in Changzhou, China which can manufacture Q&T steels as thin as three millimetres thick, and which complement Bisalloy’s own product range.

Bisalloy CEO Greg Gilbert said: “A spirit of partnership between the two companies has seen an open sharing of technical knowledge and expertise thereby allowing us to confirm that the Leong Jin product can readily complement the Bisalloy steel product range.”

Leong Jin managing director Ho Che Fei said his company was confident in its partnership with Bisalloy.

Ho said: “This will create synergies for both companies and strengthen our competitive position in these targeted Q&T markets.”

Bisalloy’s overseas networks include China, Dubai and South Africa.

Picture: Bisalloy

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