China Precision Steel, a company specializing in the production and supply of high precision, cold-rolled steel goods, declared that it has entered into a deal to deliver high precision steel products to Puyat Steel, a Philippines-based company that provides superior quality steel products.
Puyat Steel’s galvanizing facility located in the Philippines is the first of its kind in the region. The plant produces galvanized iron and sheets for applications in roofing materials, building and construction industries.
The Chief Executive Officer at China Precision Steel, Hai Sheng Chen stated that the company is happy about the supply deal with Puyat Steel, a major supplier of steel roofing products in Philippines. Prior to signing the deal, Puyat Steel’s executives made a site visit in May 2011 to assess China Precision Steel’s ability to meet the superior production standards of Puyat Steel.
Chen further said that the new contract will expand the company’s international sales as well as strengthen its position as a producer of high-strength, superior quality, precision steel components. The sales team continues its efforts to attract new global customers and this may result in a steady growth of international sales, he added.