CITIC Metal Co., Ltd Overview
Pro stress-test →CITIC Metal is a leading Chinese metals and minerals trading company and strategic subsidiary of CITIC Group. The company specializes in importing, trading, and distributing ferrous metals (iron ore, steel), non-ferrous metals (copper, aluminum, niobium), and operates world-class mining assets including stakes in CBMM and Las Bambas copper mine.
Strategic Profile
Pro stress-test →As a key member of CITIC Group's advanced materials segment, CITIC Metal leverages its extensive trading hubs across Beijing, Shanghai, Ningbo, Hong Kong, and Singapore to maintain dominance in China's metal supply chain. The company combines commodities trading with significant mining investments, positioning itself as both a trader and resource owner in the global metals market.
Competitive Landscape
Pro stress-test →CITIC Metal competes with other large Chinese and international metals traders. Major competitors include other CITIC Group trading entities, state-owned trading companies, and international commodity traders like Glencore and Trafigura. The company differentiates through its control of world-class mining assets and CITIC Group's vast financial resources and network.
Industry Context
CITIC Metal Co., Ltd operates in Metals & Minerals Trading; Industrial Metals & Mining.
Key facts
Founded: 1988 · Headquarters: Beijing, China · Employees: 271 · Revenue: 130.19 billion CNY (2024)