Amid economic advertise around the world, the global steel industry exhibited unforeseen resilience. Driven primarily by the performance in emerging markets, the global steel consumption during 2012, touched new heights of 1547.8 megatonnes. However, these were production hiccups in the European Union due to persistent debt crisis and economic slowdown.
We shall continue to expand our capacity to gain efficiencies and become one of the most competitive players in the market along with supplying superior quality steel and value to consumers. The Company has now embarked on a business plan to emerge stronger by consolidating its strength. This confidence rides on the back of the company's strict control over cost quality and technological developments. The company also has excellent HR practices and this helps in attracting and retaining a high quality talent. What makes a company are its people. At MSP we treat each employee like a part of the family and this has led to the company having one of the lowest employee turnovers..