Alter Trading Corp., headquartered in St. Louis, has established Alter Metal Recycling Singapore Pte. Ltd., a new business unit that is headed by Managing Director Robin Cai and will handle nonferrous trading in the Asia-Pacific region.
“The nonferrous scrap market has undertaken a geographic shift in the past several years,” says Alter’s David Klein, senior vice president of nonferrous marketing and trading. “Singapore, with its world-class airport, highly skilled workforce and impressive business infrastructure, is the ideal location to serve customers in all the Asia-Pacific markets in which we have a presence.”
“The Singapore office is perfectly positioned to serve customers in the ASEAN (Association of Southeast Asian Nations) region, which includes Singapore itself in addition to Malaysia, Indonesia, Thailand and several other countries while continuing to serve the Chinese market,” Cai says.
As it ramps up this year and next, Alter Metal Recycling Singapore Pte. Ltd. will be responsible for the sale of products to buyers in the ASEAN region, China, Japan, South Korea, Taiwan and other locations, according to a news release from Alter. The company’s Asia-Pacific customers operate facilities that purchase secondary commodities to manufacture aluminum, copper, brass, stainless steel and other types of metal.
Founded in 1898, Alter is a privately owned, fifth-generation company and is ISO 9001 and 14001 certified. Alter has 1,400 employees and operates 70 metal recycling facilities and seven trading offices in eight states, along with its representative sales offices in Singapore and Hong Kong.
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