OUR JOURNEY

In year 2023, we are poised to reach the remarkable milestone of USD 2 billion in value, a testament to our unwavering commitment to our core values and our steadfast pursuit of our mission to realize our vision. This exceptional achievement of doubling our growth in just 4 years is a credit to our dedicated and sincere team, spread across various locations. Their professionalism and collaborative teamwork have been instrumental in our consistent and impressive growth trajectory.

Our Core Strengths

An experienced and professional management team

Our company is driven by seasoned and experienced core committee, exemplifying the driving force behind our sustainable growth.

Diversity

Company has employees from diverse countries, communities and cultures. Our global family includes professionals from India, China, Switzerland, Indonesia, Singapore and other European nations.

Strong ties with the stakeholders

SMCL proudly maintains decade-long, robust relationships with both suppliers and buyers. These enduring connections empower us to not only comprehend but also effectively respond to the ever-changing and dynamic nature of the commodity market.

Strategic global presence

Since the inception, our CMD was originally based in China but has decided to strategically shift to Europe. This move is driven by the intent to enhance our relationships with trade finance partners. Our group has established a strong presence in major financial and business hubs, including Singapore, Dubai, Australia, London, Geneva, and more. Each of these offices is represented by top managers, with core decision-making centered in London, where our CMD will now be based.

Robust Risk management

We have a Risk Management committee which focuses vehemently on covering the price risk, counterparty and operational risk, sanction country risk, liquidity risk to name a few. The results of it are clear that never in our history we have ever faced defaults.

Centralized operations

We believe in centralized yet coordinated and inclusive operations which helps us understand the key growth areas, key issues and its resolution much faster than others.

Work ethics and commitment to perform

Our motto is to perform our commitment at any cost. We follow strong work ethics to make sure our motto is accomplished.

Strong pedigree

Since 2008. It is Mr. Rakesh Sethi who has been instrumental in the company’s growth in China. The group has developed from scratch to now close to USD 2bn turnover over 14 years’ journey.

Stakeholders

Our Iron Ore customer base is notably diverse, encompassing a range of stakeholders. Among our valued customers are end consumers, such as steel mills and state-owned enterprises (SOEs). We also serve international traders, including industry giants like Glencore, Cargill, and Trafigura

Suppliers

On the supply side, we collaborate with major mining companies such as Rio Tinto, Vale, BHP, and CSN. Additionally, we engage with miners operating in regions like Mauritania and Chile. This broad spectrum of partners and suppliers underscores our robust presence and reputation in the Iron Ore market.