MISA has eight sales offices in the United States, two in Canada, and two in Mexico. Its subsidiaries include ClarkDietrich Building Systems, an industry-leading manufacturer of steel framing. MISA is striving to expand its operations in the field of residential and nonresidential construction fields, which are expected to enjoy continued growth.
Accompanied with the economic growth of ASEAN countries, steel consumption is growing and local steel companies are continuing to show remarkable growth. MISP is shifting from transactions focused on importing products from outside the region to transactions based on local production and local consumption, and focusing on distribution within the ASEAN region, which is expected to continue to expand. We will pour more effort into develop new local customers and invest in other promising growth fields.
Europe is a traditional large market, and it is undergoing a period of change brought on by the continued restructuring of major steel manufacturers. African market continues to expand due to population growth, but it is suffering from a lack of foreign currency funds. Both markets have high potentialities and great difficulties.
MISEA has a long business track record in both markets. To achieve greater progress based on these foundations, MISEA will continue to actively pursue both trade and investment.
China is both the world’s largest producer and largest consumer of steel. The products and services needed there in sectors like the automotive industry, infrastructure investment and new energy are becoming more diverse and sophisticated. We are capturing steel demand in this massive market while collaborating with our local subsidiaries and affiliates located throughout China.