Wednesday, October 15, 2014

Armco Metals Holdings, Inc. (AMCO) Logistics Efficiency Deemed to Reduce Costs – Enhance Bottom Line

Armco Metals Holdings has been selling and distributing metal, non-ferrous metal ore and recycled steel scrap for quite some time. The company uses a diversified sales channel throughout China while providing ore and scrap steel suppliers access to approximately 100 metal and steel production facilities. During a time where steel demand is on the rise, AMCO provides an on-ramp to selected China-based state-operated foundries, thereby delivering a continuous flow of business for scrap steel recycling and raw materials.

With subsidiaries based in the major port cities of Hong Kong, Shanghai, and Lianyungang and the mainland city of Zhengzhou, the company leverages the infrastructure to enhance business logistics which ultimately leads to cost reduction and an enhanced bottom line. These strategic locations enable Armco to distribute recycled scrap steel and metal and non-ferrous metal ores throughout China with optimum efficiency. Armet Renewable Resource, the company’s recycling facility based in the province of Jiangsu, is known as a waste iron and scrap steel recycling processing pilot region for China. The province is within close proximity to steel mills whose combined production generates nearly 20 million metric tons per year. The Lianyungang operation aims to become the region’s recycled scrap steel leader.

Armco Metals utilizes its financial capital to make certain its suppliers receive payment in prompt fashion. The company’s credit line pushes approximately $95,500,000 USD – all of which has been extended by at least six banks in mainland and Hong Kong. As a U.S.-based Chinese company, AMCO is highly regulated and takes great pride in upholding a reputation rooted in credible, dependability and ethical business behavior. Through the leadership of its experienced executive management team, the company continues to expand its sales and distribution channels to meet China’s growing steel production demands.

Since 2001, Armco Metals Holdings has been generating revenue fueled by way of the current trend toward sustainable solutions in steel production while nurturing existing supplier base and customer relationships. Armco has opened a state-of-the-art facility in Lianyungang, China, enabling it to add recycled scrap metal to its product offering.

For more information on the company, visit www.ArmcoMetals.com

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