Overview
About Union Steel Holdings Limited
Founded in 1984, Union Steel Holdings Limited ("Union Steel") is at the forefront of metal recycling activities in Singapore. The Group provides a one-stop supply centre for the recycling of ferrous and non-ferrous scrap metals, the trading of steel products and the provision of other services such as waste collection and management, demolition works, rental of steel plates and car scrapping.
In FY2007, Union Steel recycled about 130,000 tonnes of scrap metals at its recycling plants, making it one of the largest metal recyclers in Singapore in terms of volume of metals recycled.
The Group has received several awards including the "Enterprise 50 Award" in 2003 and 2004 and the "Fastest Growing 50 Certification" in 2004. A subsidiary of the Group, Union Steel Pte. Ltd., was also ranked one of the top small and medium enterprises in the annual Singapore 1000 Small Medium Enterprises awards in 2004.
The Group serves a wide customer base of over 1000 customers in countries such as the PRC, India, Indonesia, Japan, Malaysia and Singapore. The Group intends to seek expansion opportunities within both its existing and potential markets via possible acquisitions and joint ventures in Asia.
Union Steel was listed on the SGX-ST Mainboard on 15 August 2005.
Our History
Our Company was incorporated in Singapore under the Companies Act on 12 August 2004 as a private limited company under the name of Union Steel Holdings Pte. Ltd. On 29 June 2005, we converted to a public limited company and changed our name to Union Steel Holdings Limited. Union Steel Holdings Limited was established as the listing vehicle and holdings company for our Group's business.
We commenced operations in 1984 with the incorporation of YLS Steel to principally trade in scrap metals. In 1988, we incorporated Yew Lee Seng Metal for the collection for scrap metals and in 1991, we incorporated Union Steel to engage in the complementary business of collecting, recycling and trading in all grades of non-ferrous scrap metals.
We currently have more than 20 years of experience in the collection and processing of a wide range of ferrous and non-ferrous scrap metals.
