Kamensk-Uralsky Iron and Steel Works has purchased stakes in Aluminium Silicon Mill Products GmbH (Switzerland) and Aluminium Silicon Mill Products HK Ltd. (Hong Kong) under the development strategy.
KUMZ and ASMP have been cooperating for a long time. ASMP is the works’ key trade and marketing representative.
Having acquired stakes in ASMP, KUMZ can now directly control sales of its own products on the world markets, bring partner relations to the new quality level and decrease market risks. (Ukrainian metal)