🇨🇳- Chinese steel enterprises reported gross losses in H1 2024, amounting to RMB 310 million in the first half of 2024. This marks a stark contrast to the previous year, reflecting a 10% decline in production and a 15% drop in exports. Key factors contributing to these losses include rising raw material costs, stringent environmental regulations, and weakened demand both domestically and internationally. 💬- As industry professionals, it’s crucial we stay ahead of these trends. How is your organization adapting to these changes? What strategies are you finding effective? #SteelIndustry #EconomicUpdate #MarketTrends #ChinaSteel #Procurement #SupplyChain #Steel #Omnistaal
Omnistaal
International Trade and Development
London, England 683 followers
Pioneering the future of the global steel markets.
About us
Omnistaal places steel trading at the core of its business with its main focus on trading standard and specialist steel products in the global markets and tolling of its raw materials however has secondary interests and is active in the finance and development of steel infrastructure and its supply chain. Our reach extends our grasp with our team strategically positioned in 5 continents around the world working around the clock to service & successfully deliver nothing less than excellence to all our clientele. Due to our extensive trading experience in the commodity space, we have perfected the process of tolling the raw material to achieve best prices in the market for the finished products. As a wholly owned subsidiary of the Opulent Group of Companies, we leverage and draw upon on their resources and relationships gaining privileged access to key government contacts, financial institutes and infrastructure opportunities globally to achieve what conventional steel traders are unable to do. We work with slab and billet producers, manufacturers of finished products and stock holders. This enables us to cater to a wide range of clients adding our own touch of novelty. Our team help bridge cultural gaps and time zone differences which is an ever growing global problem and deal breaker in the business world. Omnistaal prides itself in being direct to decision makers. By providing the above services at no extra cost and using the above structure we can fulfil orders from every single point of the steel eco system. Our unorthodox approach has lead to us creating a strong personal relationship with sources across the globe, enabling advantageous flexibility to operate in different markets. This has enabled us to build a prestigious client base, supplying some of the best in class, such as Samsung Heavy Industries, FMCT, Fisia Italimpianti (Impregilo Group), Daewoo Marine Division, Shell, Hyundai Heavy Industries, Mitsubishi Japan & DEWA Emirates, just to name a few.
- Website
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http://www.omnistaal.com
External link for Omnistaal
- Industry
- International Trade and Development
- Company size
- 11-50 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2021
- Specialties
- steel
Locations
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Primary
Knightsbridge
London, England, GB
Employees at Omnistaal
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Davide Giacomello
Export manager
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Alexander Clarke
Supply Chain Specialist at Omnistaal Steel Corp. | Steel | EPC | Energy Infrastructure | Procurement
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Mecsy Chimezie
Learn About Business Growth Strategies | High Ticket Sales | Remote Closing in this age of internet | Modern Tech for Businesses |. - Director of…
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Parsa Reihan
Operations Director at The Opulent Investments Group | Senior Partner at Omnistaal | International Trade and Commodity Specialist | Project Finance
Updates
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🌎- We’re thrilled to announce the production of high-quality Power Transmission Reducers for one of our valued clients in South America. ⚙️- Reducers are essential power transmission devices in mechanical systems. They reduce the speed of rotational motion from a high-speed input shaft and transmit it to a lower-speed output shaft, effectively generating higher torque. This enhances the efficiency and performance of various applications. 🛠️- High-Quality Materials: - Reducer Casing: Made from durable stainless steel, ensuring longevity and corrosion resistance. - Gear: Constructed with 17NiCrMo6-4 alloy steel, known for its exceptional strength and toughness. 🤝- This collaboration underscores our commitment at Omnistaal to delivering reliable, high-performance solutions tailored to our clients’ needs. We take pride in sourcing premium materials and precise engineering to drive innovation in power transmission. #Engineering #Manufacturing #MechanicalSystems #PowerTransmission #Steel #Quality #Procurement #SupplChain
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Omnistaal reposted this
Managing Partner @ The OIG Consortium | A Global Collective of Portfolio Companies in Infrastructure Development, International Trade, Steel & Structured Finance
Unlock the secrets of elite networking as I reveal how these strategies have helped our brands The Opulent Investments Group, Omnistaal, The OIG Consortium - generate over nine figures in deal flow through the power of networking with intent - building genuine, impactful relationships. 🌐 💼 I discuss key insights from Business leaders, the Stoics, London’s power brokers, and Exclusive Circles. #Networking #BusinessStrategy #Leadership #Stoicism #Entrepreneurship #Influence
The Power of Networking: Secrets from Stoics, Elite Circles, and London's Power Brokers
Sanj Chana on LinkedIn
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Omnistaal reposted this
Managing Partner @ The OIG Consortium | A Global Collective of Portfolio Companies in Infrastructure Development, International Trade, Steel & Structured Finance
Unlock the secrets of elite networking as I reveal how these strategies have helped our brands The Opulent Investments Group, Omnistaal, The OIG Consortium - generate over nine figures in deal flow through the power of networking with intent - building genuine, impactful relationships. 🌐 💼 I discuss key insights from Business leaders, the Stoics, London’s power brokers, and Exclusive Circles. #Networking #BusinessStrategy #Leadership #Stoicism #Entrepreneurship #Influence
The Power of Networking: Secrets from Stoics, Elite Circles, and London's Power Brokers
Sanj Chana on LinkedIn
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🇮🇹- Challenging First Half for Italian Steel Service Centres 📉- The Italian steel trade association Assofermet reports a 15% decline in sales volumes for service centres in H1 2024 compared to H1 2023. This is driven by unsustainable prices and low margins, with demand continuing to fall. However, some end users are securing current low quotes for Q4 2024 and Q1 2025, offering a silver lining. 🚢- Assofermet raises concerns over amended EU safeguard measures, likely to impact hot rolled coil availability and raise prices due to reduced import capacity. August shutdowns at EU steel mills may worsen the situation, harming downstream segments and reducing competitiveness. ⚙️- The market remains sluggish, with flat product volumes stable and beams seeing a seasonal upswing, but overall finished product demand is stagnant. Steel prices have been stable, but July could be challenging due to expected shortages from mill closures. 💬- At Omnistaal we bridge the gap by sourcing materials from alternative suppliers, ensuring supply continuity, and maintaining production levels. #SteelIndustry #SupplyChain #SteelPrices #EUTrade #Omnistaal #Manufacturing #IndustrialSupply #Steel #Omnistaal
Assofermet: Italian steel market under pressure from EU safeguards, weak demand
steelorbis.com
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🌎- We’re excited to announce that our precision-engineered PVC plates are set for air delivery to our South American based client. 🛫- The shipment has just been loaded onto the truck and is departing from production in China. This prompt action is essential to meet our client’s urgent job site requirements, ensuring their project stays on schedule and their expectations are met. ⏳- Timely delivery is crucial for maintaining strong business relationships and achieving project success. Huge thanks to our dedicated team for their dedication and efficiency! #Logistics #PrecisionEngineering #SupplyChain #Steel #Omnistaal #Procurement
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Omnistaal reposted this
Managing Partner @ The OIG Consortium | A Global Collective of Portfolio Companies in Infrastructure Development, International Trade, Steel & Structured Finance
In this article, I dive into the powerful interplay between strategy and negotiation, sharing personal insights from my entrepreneurial journey. Over the years, I've studied the greatest leaders, generals, and battle tactics; traveled the world; and connected with visionary entrepreneurs, generals, government officials, and top-tier C-level executives from diverse cultures. By tapping into the wisdom of these great minds, I've learned how meticulous planning, adaptability, and emotional control can elevate your business to new heights. Stay tuned for Part 2, where we'll delve into the power of networking and how to build and leverage essential connections for unparalleled business growth. 💎 #CorporateStrategy #BusinessStrategy #Negotiation #Entrepreneurship #Network
Unveiling the Secrets: The World of Mastering Business Strategy and the Art of Negotiation
Sanj Chana on LinkedIn
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📈- The recent exemption of Brazilian steel from US tariffs is a major development for international trade, and it’s particularly beneficial for Mexico. This move is expected to safeguard 40% of Mexico’s steel exports to the US, ensuring stability and growth in the sector. 🇲🇽- This exemption is crucial for the health of Mexico’s steel industry and brings much-needed stability to the automotive sector, which relies heavily on steel imports. Mexico exports $1 billion in steel and $1.8 billion in aluminum to the US every year, supporting vital industries like automotive and construction. With the lifting of tariffs, Mexican and Brazilian steel producers are better positioned in the US market, while smaller steel-exporting nations may face challenges. ❓- How do you think this shift in trade policy will impact global trade dynamics? #Trade #SteelIndustry #GlobalEconomy #USMexicoRelations #Steel #InternationalTrade #Omnistaal
Exemption of Brazilian steel preserves 40 percent of Mexico's exports to US
steelorbis.com
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🚢 - Our latest shipment of premium carbon steel mesh is meticulously prepared for transit from Asia to our US-based client. 🏗️ - Carbon steel mesh is versatile and durable, ideal for various industrial applications including construction for reinforcing concrete, as well as in fencing and precision railing inserts. 🤝 - At Omnistaal We take pride in supplying durable and dependable materials that precisely meet our clients' requirements. #CarbonSteel #Industrial #Fencing #Construction #SupplyChain #Procurement #Steel #QualityMaterials
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🤝 - At Omnistaal, we prioritize adaptability, ensuring timely delivery, maintaining high-quality standards, and achieving client satisfaction. 🌎 - Recently, we managed an order for precision-engineered PVC plates, which underwent thorough quality checks before being packaged and prepared for delivery to our South American client. This project exemplifies our commitment to providing comprehensive turnkey solutions. 🛫 - Occasionally, we encounter the challenge of sourcing and delivering materials within tight deadlines. For this particular order, we opted for air freight to meet our client's urgent needs, highlighting our dedication to delivering solutions promptly, even if it involves higher costs. ⏳- We are committed to exceeding expectations and consistently delivering excellence, even under tight timelines. #Omnistaal #ClientSatisfaction #QualityEngineering #Supplychain #TurnkeySolutions #Procurement #PrecisionEngineering
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