First New Member for 2010

Sinosteel Raw Materials Co. Ltd. has applied for Ordinary Membership. Established in 1988, the company now belongs to Chinese state-owned Sinosteel Corporation, abbreviated to Sinosteel.

As the subsidiary of Sinosteel, Sinosteel Raw Materials is currently in charge of the global marketing of products such as chrome ore, Mn ore, nickel ore, ferroalloy ferrochrome, ferronickel, silicomanganese, Electrolytic Mn, ferrosilicon, ferrovanadium, ferromolybdenum, ferroniobium, ferrotitanium and ferrotungsten, scrap（HBI, pig iron, coke, coal, electrode and other carbon products, refractory raw materials, non-ferrous metals (copper, aluminium, lead, zinc and nickel plate) sand petroleum products, etc.

The company has appointed Managing Director, Mr. Yuanzhong Li to represent them at the IMnI.