adminsubsidiaries, specialises in the processing, marketing, distribution, warehousing and movement of carbon and stainless steels in South Africa and internationally.
It also distributes carbon steel, general line and specialty products, as well as a range of stainless steel and aluminium flat rolled steel to customers in North America and imports, processes, coats, and distributes carbon steels and non-ferrous metals.
In addition to direct trade in Africa and the World, Macsteel Exports has stock holding branches in Malawi, Mozambique, Zambia and Ghana.
There is also a mothballed branch in Zimbabwe. The branches employ over 200 staff in 15 locations.
The sales manager for MacSteel Exports, Mr Pierre Hugo, said the company was looking for local companies who were interested in importing from them for resale while they were still going over the possibilities of re-opening the local branch.
“We realise that there are a lot of business opportunities in Zimbabwe and we want to work on strategic alliances that will increase our market share. Maybe after some deliberations we will be able to reopen the local branch,” he said.
Mr Hugo added that the company was also considering investing cash into the local companies that were in the same line of work with them.
He said although the company had closed its local branch, they still had some companies they were exporting some products to.
The steady recovery of the economy that has been witnessed over the years has increased confidence in some foreign companies that had closed down during the economic downturn.
Mr Hugo expressed hope that local companies could take the opportunity presented to them by MacSteel so that they can grow their businesses and increase their contribution to the economic growth.
Online Reporter