C&D partners with Conares to distribute Chinese steel in GCC

C&D partners with Conares to distribute Chinese steel in GCC

Conares, the second-largest private steel manufacturer in the UAE, has officially announced a partnership with C&D, to distribute high-quality steel from China in the GCC region and strengthen trade ties between them. C&D is a Fortune Global 500 company focused on supply chain operation services and real estate development based in the city of Xiamen, China. The official signing of the partnership took place at Conares' state-of-the-art steel plant in the Jebel Ali Free Zone (JAFZA) in Dubai. Zheng Yongda, General Manager of Xiamen C&D Corporation Limited & Deputy Party Secretary and Bharat Bhatia, Chairman and CEO of Conares, was also present, accompanied by other distinguished guests and senior executives from Conares. Leveraging strengths Bhatia said: “This collaboration represents a significant milestone for both Conares and C&D, as we leverage our respective strengths to foster economic growth and enhance trade relations. By combining Conares' expertise in steel manufacturing with Chinese steel, known for its exceptional quality, stable quantity and wide variety we aim to cater to the rising demand for steel products in the GCC market." Yongda further added: “Our new partnership with Conares is invaluable to us and we look forward to working with them to expand the distribution