Minmetals Development Co., Ltd.

Minmetals Development Co., Ltd. engages in resource trading, metal trading, and supply chain services in China and internationally. The company operates through six segments: Steel Trading, Metallurgical Raw Materials Trading, Smelting and Processing, Logistics Services, Bidding and Tendering Services, and Other. It offers iron ore, chrome ore, manganese ore, ferroalloys, coal, coke, scrap steel, electrolytic manganese, metallurgical raw materials, and ferroalloy products, as well as steel and metal products to engineering construction and industrial manufacturing sectors. The company also provides supply chain services, including warehousing and processing, shipping/freight forwarding, online freight, insurance brokerage, bidding agency, and online transaction services to steel mills and end users; shipping agency, and ocean freight services, such as dry bulk, general cargo, container and engineering logistics; insurance brokerage services, such as risk management consulting services; bidding services, such as central government investment projects, international bidding for electromechanical products, engineering bidding, and government procurement. In addition, it offers futures delivery and tendering agency services; as well as trades and distributes ferrous metals. Minmetals Development Co., Ltd. was founded in 1997 and is headquartered in Beijing, the People's Republic of China. Minmetals Development Co., Ltd. is a subsidiary of China Minmetals Corporation.