Metal One subsidiary “Siecop” locates in the Port of Duisburg
Duisburg, 05.09.2011 | Japanese steel group invests in Ruhrort / 22,000 m² site located centrally
Metal One, one of the global steel trading firms, subsidiaries of Mitsubishi Corporation and Sojitz Corporation, is taking over a 22,000 m² site at the foot of the Oberbürgermeister-Lehr bridge in Duisburg - Ruhrort. Besides an administrative building there will also be a 5,500 m² hall for steel processing and Europe-wide distribution.
Siecop is to receive high quality Grain oriented electrical steel coils for transformer cores which mother coils are then delivered to the neighboring container terminal by inland waterway vessels. These coils will then be further processed in the steel service center that is being built in Duisburg where they will be processed until Europe-wide distribution by rail, road and ship. There is a plan to expand the initially 5,500 m² craned hall, which can grow with the company.
“We are pleased that the global players Metal One have decided on duisport and that the Japanese community at the location will grow further,” said Erich Staake, Chief Executive Officer of Duisburger Hafen AG. “This commitment once again makes it clear that the Port of Duisburg is not only attractive to logistics companies but also to international companies from manufacturing industry,” continued Staake.
Construction for the location is starting in the 4th quarter of this year. It is intended to begin operations in Ruhrort as early as mid-2012.
Metal One Corporation is a Japanese integrated steel trading company with 61 offices and 159 consolidated business investment affiliates in Japan and overseas. In fiscal 2010, the company's consolidated sales totaled Yen 3,331.6 billion. Metal One continues to promote the development of steel product trade processing around the world.