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More steel companies use Singapore as gateway to market to S-E Asia

Ms Eng says the trend of companies using Singapore as a gateway to market steel products to South-east Asia is expected to continue as the region scales up investments in infrastructure.


WITH trading volumes of iron ore derivatives on the Singapore Exchange (SGX) having grown in the past few years, the number of Singapore-based iron-ore and steel-trading companies has swelled.

Nearly 70 such global companies are based in the city-state now, 20 per cent...

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