Who We Are
KromnickelÂ is a private limited company engaged in the business of Trading, stocking and distribution of stainless steel products into the Malaysian market and also the South East Asian region including China. Its suppliers are mainly from India but a sizeable chunk of the products has also been purchased from USA and Taiwan.
The business volume is in the region of RM 80,000,000 for 2005.Since inception we have carried out a biz volume of USD 200,000,000 in total. The current market level and the business environment for special steels is growing and we anticipate that our growth in the activity will be enhanced further. The China market has been by far the largest consumer of Hot Rolled stainless steel coils. Total consumption is more than 4 million tons/year. There has been a tremendous effort by the China steel makers and rollers to adapt to simple cold rolled technology by using Hot Rolled stainless coils to turn into Cold Rolled stainless steel. We have clear understandings with stainless steel mills in India. Up till now there are only 3 producers and we are proud that we have been associated with all 3 in the growth of the stainless sector from India in particular.
We for see a bright future for stainless steel industry as a whole. The consumption pattern for 2006 indicates a robust use of these materials in everyday life. Todate our use of stainless steel in Malaysia is about 100,000mt and growing. We anticipate that by 2020 Malaysia will have its own stainless making facilities to meet the demands of the SEA region as a whole. Thailand and Indonesia are the only countries with stainless cold rolling facilities. We anticipate that stainless melting facility and HR will become a reality one day and it is our desire to be part of that growth.
The company is managed by a consultant who is a trained metallurgist. He is currently providing consultancy to a number of companies both locally and in China on product development and in the use of special steels. He is currently promoting application based material usage in view of rising alloy prices. Most Malaysian users have now started their conversion to Low Nickel substitutes instead of the commercial 304 general purpose materials.
We also have a team of marketing personnel who have capability to understand and organize requirements of special companies. Through a series of regular meetings and also participation in steel conferences latest innovations and practices are updated and filtered down to all concerned.
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