Singapore company’s advanced cut-bend-fabricate facility for steel rebar in Myanmar now fully operational

Singapore-listed HG Metal Manufacturing Ltd. (HG Metal) is expanding its steel business into Myanmar. The company is a premier steel stockist and manufacturer in Southeast Asia with close to 800,000 sq ft of warehousing and processing facilities in Singapore. It carries more than 3,000 types of steel products, of various dimensions and for a wide […]

HG Metal commits US$2m to begin cut & bend, fabrication JV in Myanmar

HG Metal Manufacturing will pay US$2 million to take a majority stake in and to capitalise a joint venture in Myanmar, according to details of an agreement announced by the steel products maker on Thursday before the market opened. Under the terms of the agreement, HG Metal will pay US$95,700 to Singapore-incorporated holding company Fortune […]