Singapore’s Mlion Corporation Pte Ltd has announced a strategic minority investment from Nippon Steel Trading Corporation (NST) to strengthen its presence in key ASEAN markets, including Singapore and the Philippines. This partnership aims to capitalize on the growing demand for high-quality steel materials driven by large-scale infrastructure projects in the region.
As a foundation solutions provider focused on waterfront and underground construction since 2011, Mlion has delivered customized solutions for various projects, including ports, jetties, reclamation, and deep tunneling. The company distributes over 300,000 tons of steel materials annually from its nine offices across Asia and the Middle East, establishing itself as a leader in steel sheet piling. With the launch of its technological innovations, GoListid and GoTagID, Mlion has enhanced the reusability and traceability of steel in the industry.
This investment aligns with NST’s long-term strategy to strengthen its ASEAN presence by leveraging Mlion’s local expertise and procurement network. The collaboration will enable both companies to deliver superior products and services to meet the evolving needs of the civil engineering and construction sectors.
NST, originally founded as Nittetsu Shoji Co., Ltd. in 1977, has undergone significant expansions and mergers, including its transformation into a subsidiary of Nippon Steel in April 2023, further enhancing group collaboration.
