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The 18th China Iron and Steel Circulation Promotion Conference was held in Zhengzhou recently, on which the list of "Top 50 Enterprises in Steel Marketing Ability and Sales Performance in 2022" was released by China National Association of Metal Material Trade (CAMT). SUMEC-ITC, affiliated to SUMEC Group Corporation (“SUMEC”), is listed among the Top 10 Enterprises on the list for the 4th consecutive year. 

SUMEC

The list of “Top 50 Enterprises in Steel Marketing Ability and Sales Performance” released by CAMT is officially finalized after expert review, publicity, and final evaluation according to the group standard Evaluation Indicators for Marketing Ability of Steel Trading Enterprises (T/CAMT 19-2023). 

SUMEC

SUMEC-ITC has always been adhering to the development idea and professional operation concept of paying equal attention to domestic and international markets and balancing domestic and foreign trade businesses, fully integrating upstream commodity resources and downstream customer resources, and providing customers with a package of supply chain integration services. In 2022, facing the severe market situation of the steel industry, SUMEC-ITC actively innovated diversified business forms, took multiple measures to ensure market supply, promoted the domestic-international dual circulation of the steel business supply chain, and achieved steel sales of more than 12.5 million tons.

SUMEC

Looking forward to the future, SUMEC will give full play to the advantages of global supply chain operation capability, focus on industrial chain, optimize supply chain, upgrade value chain, and strengthen the construction of "first mile", "middle segment" and "last mile", so as to continuously promote the innovation of steel supply chain operation business model, improve quality and efficiency, build an international industrial chain and supply chain driven by digitalization, and establish a "dual circulation" benchmark enterprise with the domestic and international businesses promoting each other. 


Established in March 1999, SUMEC International Technology Co. Ltd. is the core backbone of SUMEC Group Corporation, which is subordinate to China National Machinery Industry Corporation (Sinomach). Sinomach is one of the important state-owned backbone enterprises directly managed by the central government and ranked 284th in the world top 500 in 2021.
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