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06/27/2012 | Press release
distributed by noodls on 06/27/2012 17:33
New office demonstrates deepened commitment to the Korean market
Engages Korean Steel and Engineering market expertise to grow existing relationships
[27, June, 2012] Edgen Murray, a leading global supplier of
specialty steel products and logistics solutions for the
energy and infrastructure sectors has expanded its presence
in the Asia Pacific region with the opening of a new office
in Seoul, South Korea.
The Korean office will market Edgen Murray's strengths in
specialty steel supply and project management for the Korean
offshore fabrication markets and support the growth of Korean
EPC contractors that have been successful in winning major
global project work. The Korean offshore fabrication market
has expanded significantly over the past number of years to
be one of the largest in the world today.
South Korea is also the world's third largest importer of
steel after the US and Germany and the largest
in Asia with 22.8 MT* imported in 2011.
Edgen Murray's international project teams will utilize the
new location to centralize procurement efforts, supply chain
management and project management for Korean steel customers.
Korean mills are some of the most advanced in the world,
producing high quality and high yield materials at
competitive prices.
Craig Kiefer, Edgen Murray's President said, "With Korea now
a dominant importer and exporter of steel, we are committed
to deepening our engagement with the Korean market, getting
closer to our Korean customers and supporting our
international Korean procurement."
"Maintaining close working relationships with both suppliers
and customers has helped Edgen Murray perform its role as a
specialty steel supplier for the global Energy and
Infrastructure Sectors. Our Korean team has extensive
experience as well as strong, long-term relationships with
key Korean customers and suppliers for both PVF and
Structural Products."
Edgen Murray's business in Korea has historically been in the
upstream segment supplying specialty steels that are not
available in the local market to offshore fabrication
customers, particularly in Busan and Geoje.
*International Steel Statistics Bureau (ISSB)
Edgen Murray is a leading global supplier of specialized products for worldwide energy and infrastructure markets. Edgen Murray delivers high performance pipe, plate, valves and related components to upstream, midstream, downstream, power, civil construction and mining customers from more than 35 global locations spanning the Americas, Europe, Middle East, and Asia Pacific. Edgen Murray supports every step of a project's lifecycle and ensures all commercial needs, technical requirements, and project schedules are met with precision, anywhere in the world. This is achieved through global scale, long-standing mill & manufacturing relationships, a focus on quality, strategically located inventory and experienced staff. Edgen Murray is an Edgen Group Company. For more information, visit www.edgenmurray.com.