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It’s virtually impossible to spot anything in our world, wherein steel is not a vital component.
While the demand for steel is insatiable, the innate issues around its production and profitability, challenge public and private enterprises globally. The global steel industry is going through the worst downturn in 50 years. China has produced and consumed more steel in the last ten years than Britain has, since 1870. However, unbalanced supply and demand has left even this country calling for global cooperation to try and tackle the industry's problems.
Over in the UK, Tata Steel put its entire business up for sale. The problems it faces are just reflections of the scenario back home in India. Lack of large capital investment due to the weak confidence index of private group's / conglomerates, high interest rates due to inflation control, policy paralysis, low oil prices, commodity prices tumbling down as a while, low offtake in infrastructure project's due to shortage of funds, stressed assets ,etc. are amongst the major factor's which, sum up the issues that ail the Indian iron and steel industry. Though the global steel industry outlook seems far from encouraging, MetalOre’s strategic vision has guided its operations, to emerge sustainable and rock steady for over 24 years running.
Incorporated in 1994, MetalOre first began operations as Jaydeep Enterprises. Committed to bringing steel of international standards to India, MetalOre is amongst a handful of the country’s leading companies in the import and marketing of steel. Products from global brands and manufacturers, are curated and supplied for specific applications within the country Amongst the global principals and clients we have deep, abiding relationships with are:
Metinvest International S.A, Geneva, Switzerland
Duferco S.A., Lugano, Switzerland
Salzgitter Manesman International GmbH, Germany
Burwill Resources Limited, Hong Kong
Essar Steel India Limited
Steel Authority Of India Limited
Jindal Steel & Power
Wuyang Iron & Steel Company Ltd
Xingcheng Special Steel
Fired by the vision of founders Hasmukh, Kiran and Jaydeep Shah, MetalOre has astutely positioned itself to emerge as a preferred supplier to select names on India's infrastructure development horizon.
Dealing with MetalOre, is like dealing with a solution provider who owns a client’s business realities and ensures it walks the talk of its business promises.
Mr. Kiran Shah
Kiran Shah liaisons with banks and financial institutions; besides managing all finance activities at Metal Ore. The major part of his expertise was honed during the time he spent in the imports of automobile spares.
Mr. Jaydeep Shah
Jaydeep Shah is today an Indian iron and steel industry icon. His role in taking MetalOre to the industry position it currently enjoys, is unparalleled. Jaydeep brings over 30 years of experience to the MetalOre core team.
Bijal H. Shah
A.k.a. 'Raja' was the youngest in the family to join the business in 1994. It was thereafter re-named from Jaydeep Enterprise to Metal Ore. The relentless pursuit of new business opportunities and strengthening customer bonds, cause Raja to travel widely across the country and globally.
These reward of this pursuit enabled MetalOre cross new milestones in business achievement, and establish itself as a preferred partner to buyers and seekers of holistic solutions across the Indian steel business-scape.
Our vision is to position MetalOre as the preferred partner in infrastructure development. Today, MetalOre is a vibrant organisation, with a strong focus on growth, supported by one of the most experienced and capable teams in the steel business.
