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Recently, the 2024 (Third) China Steel Overseas Development Conference was held in Hangzhou. During the event, the list of "Outstanding Chinese Steel Export Trade Enterprises for 2023-2024" was announced. SUMEC Corporation Limited (hereinafter referred to as SUMEC) was honored as one of the "Outstanding Chinese Steel Export Trade Enterprises" through its subsidiary, the SUMEC-ITC .

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The selection of "Outstanding Chinese Steel Export Trade Enterprises" is organized by
Shanghai Ganglian E-Commerce Holdings Co., Ltd. and Metallurgy China. This prestigious recognition evaluates enterprises based on their annual performance, service and marketing capabilities, brand reputation, market influence, and social responsibility. SUMEC-ITC has been awarded this title for the third consecutive year, demonstrating its consistent excellence in supply chain service, outstanding credibility, and comprehensive brand strength in the steel export sector.

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For years, SUMEC-ITC has actively integrated into the new dual-circulation development pattern, emphasizing the coordinated development of import and export, as well as domestic and international trade. Leveraging both international and domestic markets and resources, the company has continually strengthened its deep cooperation with steel producers and traders at home and abroad. This has enabled SUMEC Technology to build a comprehensive global steel supply chain service system, promoting dual-circulation in both international and domestic markets and fostering multi-faceted development. Currently, SUMEC-ITC's steel export market has expanded to several countries and regions, including Southeast Asia, the Middle East, Africa, Europe, and the Americas, with steady progress in overseas market expansion.

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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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