MLION CORPORATION PTE LTD (Mlion) is pleased to announce its strategic minority investment from Nippon Steel Trading Corporation (NST) to advance its already strong foothold in key ASEAN markets, including Singapore and the Philippines. This partnership is anticipated to play a pivotal role in capitalising on the increasing demand for high-quality steel materials driven by large-scale infrastructure developments across the region.
As a foundation solutions provider focusing on Waterfront and Underground construction markets in Asia, Mlion has been providing customised solutions for projects such as Ports, Jetties, Reclamation, Rivers, Underground Infrastructures, and Deep Tunnelling Works since 2011. Distributing more than 300,000 tons of steel materials per year across 9 offices in Asia and the Middle East, Mlion has grown to become a market leader in the Steel Sheet Piling scene. With the 2023 launch of its 2 technological innovations, GoListid and GoTagID, there has been a greater focus on the reusability and traceability of steel in the industry.
This strategic investment aligns with NST’s long-term goal of establishing a stronger presence in the ASEAN market. By leveraging Mlion’s established position, local expertise, and sales and procurement network, NST aims to expand its presence in the rapidly growing ASEAN market while reinforcing its international business foundation and tapping on the exciting aspects of Mlion’s new innovations. Through this synergistic partnership between the two organisations, they will be able to deliver superior products, services, and innovations to meet the evolving needs of the civil engineering and construction sectors.
