Products Traded
Products traded
SINO LOYAL’s core business is steel trading. We act as a trading intermediary between producers and purchasers and provide a range of value-adding services. The goods we trade include long, flat, tubular and semi-finished products. We also trade specialised products such as engineering steels, stainless steels and steel products for the oil & gas industry.
Our role as a trading intermediary can take one of two forms: principal or agent. When acting as the principal in the business we confirm the contract, take the credit risk and invoice the buyer - we make a profit by including a small margin for ourselves between the sales price and the purchasing costs. When acting as agent, the supplier invoices the buyer directly and we make a profit by way of a commission or fee from the steel producer. Whether we act as principal or agent, the marketing service offered to the steel producer is the same.
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