China's Yonggang secures UK quality certificate for rebars
Jiangsu Yonggang Group, a Shagang subsidiary in eastern China's Jiangsu province, has obtained a CARES certificate for its rebar from the UK. Securing the quality approval will help the company expand its export business to the UK and other European countries and further increase its presence in the Middle East, Steel Business Briefing is told. The certificate is issued for rebar of 10-40mm diameter or 6-12mm rebar in coils, and produced according to British Standard BS 4449-1997 or BS4449-2005. A company source tells SBB that Yonggang had discovered some potential demand in the UK, but so far had not exported any rebar to that market. The CARES certificate will not only give the steelmaker an entry to the UK market but also qualify it to supply some large construction projects in the Middle East where the UK certification is accepted. The company's main export destinations are Middle East, Southeast Asia and Africa. Last year, Yonggang exported over 100,000 tonnes of rebar to these markets, but so far this year it has only shipped very small tonnage to Africa, due to the large price difference and low demand compared with strong domestic demand. Yongang's rebar and bar capacity has reached about 2.5m tonnes/year, and it also boasts a similar capacity for wire rod, SBB notes.
Jiangsu Yonggang Group, a Shagang subsidiary in eastern China's Jiangsu province, has obtained a CARES certificate for its rebar from the UK. Securing the quality approval will help the company expand its export business to the UK and other European countries and further increase its presence in the Middle East, Steel Business Briefing is told. The certificate is issued for rebar of 10-40mm diameter or 6-12mm rebar in coils, and produced according to British Standard BS 4449-1997 or BS4449-2005. A company source tells SBB that Yonggang had discovered some potential demand in the UK, but so far had not exported any rebar to that market. The CARES certificate will not only give the steelmaker an entry to the UK market but also qualify it to supply some large construction projects in the Middle East where the UK certification is accepted. The company's main export destinations are Middle East, Southeast Asia and Africa. Last year, Yonggang exported over 100,000 tonnes of rebar to these markets, but so far this year it has only shipped very small tonnage to Africa, due to the large price difference and low demand compared with strong domestic demand. Yongang's rebar and bar capacity has reached about 2.5m tonnes/year, and it also boasts a similar capacity for wire rod, SBB notes.
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