International Steel Trading is the core business of the Group. The annual volume in 2010 exceeded 1.9 million metric tons, with an annual turnover of HK$5,000 millions.

With its strong credibility and goodwill, the Group has built a worldwide sales and procurement network based on the long-established business relationships with prestigious international and domestic steel manufacturers and trading companies. Its subsidiaries, representative offices and agents span across Central & South America, North America, Russia, Ukraine, Japan, Korea, Turkey, Europe, North Africa, the Middle East, India, China and the Far East, enabling the Group to be equipped with secured multi-sales channels in multiple countries with diverse product-mix.

The Group has also entered into the steel distribution business in China and Spain. It has established wholly owned warehousing companies in these two countries to strengthen the cooperation with domestic importers and steel manufacturing enterprises for the operations of bulk warehousing business on a joint venture or a sole proprietorship basis.

The Group also owns a shipping company to specifically handle shipments of the Group's steel trading. Annual shipments exceed 800,000 metric tons of bulk cargoes, providing punctual shipment to our customers and suppliers worldwide.

The Group has been an integral interface between suppliers and customers. With its vast experience and inside knowledge, it acts as a portal for both suppliers and customers in Steel Trading.

The Group continuously seeks qualified professional suppliers to provide its customers with newer and better products based on a trustworthy and mutually beneficial relationship. Taking advantage of a long-term supply agreement with the Chinese steel manufacturers, it is in a position to ensure a regular and stable supply to worldwide customers with excellent service and best-fit products.

July2009, Burwill successfully entered into an iron ore supply contract with FMG, the third largest iron ore producer in Australia, of approx. US$500M for a term of over five years. It lays a good foundation for the group’s long term and stable development of upstream steel trading business

It is the strategy of the Company to market the FMG iron ore and iron ore products to steel mills in East and North China such as Jiangsu, Shanghai, Anhui, Hebei and Shandong where demand for iron concentrates have remained elevated over the past years. Collectively, the 5 regions above accounted for nearly half of China's total crude steel production in 2008, according to the China Coal Resource

Burwill believe that the FMG Deal can make benefit to the profit rate of the steel trading business.

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