The Company was incorporated as Asian
Steel Investment Holding Pte Ltd in
1995 by Sumitomo_Corporation,Japan,
to acquire the entire interest of Pandai Steel Industry
Pte Ltd and became the holding company of Pandai Steel.
Pandai Steel was established in 1974. It was the
first steel service centre specialized in carbon steel
in Singapore. In 1978, Sumitomo Corporation acquired
49% shares of Pandai Steel. Being the largest and
leading steel processing centre in Singapore, it offered
processing on slitting, shearing and stamping of steel
products catering to all needs in the region. With
the wide range of machineries and equipments, backed
up by stringent quality control, well equipped warehousing,
Pandai Steel has offered wide varieties of materials
most suited to end-user at low cost for just-in-time
In 1997, Asian Steel
Investment Holding Pte Ltd changed
its name to Asian Steel
Company Ltd and has since expanded
its scope of investment immensely.
Effective from 31/12/2003, Asian
Steel consolidates its Singapore operation
by transferring the entire business of Pandai Steel
(one of its subsidiaries) under its own name. The
company is focusing on three core business:
After the consolidation, Asian
Steel has a total of 8 subsidiaries
and associates in Asia. These are :
PT. Super Steel Karawang (Indonesia),
PT. Super Steel Indah (Indonesia),
Sumiputeh Steel Centre Sdn.
Steel Centre (M) Sdn. Bhd.
CS. Metal Co., Ltd (Thailand),
Hanoi Steel Center Co., Ltd
Petro-Summit Mechanical Co.,
Saimsim Land Inc. (Philippines).
has a regional network of partnerships that offer
a wide range of steel products for its domestic markets.
It has developed its business portfolio by supporting
the group to source for competitive price of raw material.
Today, Asian Steel
is firmly committed to a strategy and policy of growth
of its business and continuous innovation, not only
in Singapore, but throughout Asia and worldwide with
commitment to quality and delivery, thus meeting total