Hong Kong Metals Tenders

The Hong Kong metals and non-metals market is a crucial part of the global commodities trade, acting as a major trading hub for the region.
In 2022, the market value reached a staggering USD 120 billion, showcasing its significant economic impact.
Key products include steel, aluminum, copper, precious metals, and industrial minerals.
The market is characterized by its efficient logistics infrastructure, free trade policies, and strong financial system, making it an attractive destination for international players.

Government Procurement
The Hong Kong government plays a vital role in the metals and non-metals market through its extensive procurement activities.
In 2023, the government's procurement budget for these materials amounted to HKD 50 billion, highlighting the substantial demand.
The government procures a wide range of metals and non-metals, including construction materials, electrical components, machinery parts, and industrial supplies.

Main Products and Services
The government's major procurement categories within the metals and non-metals sector include:
Steel and aluminum: Used for infrastructure projects, public buildings, and construction works.
Copper and precious metals: Utilized in electrical wiring, telecommunications equipment, and electronic devices.
Industrial minerals: Applied in various sectors like manufacturing, construction, and environmental protection.
Metal processing and fabrication services: Essential for customizing and shaping metals for specific needs.

Top Authorities
Government Logistics Department: Responsible for centralized procurement and supply chain management for the government.
Works Bureau: Manages procurement activities related to infrastructure projects and public works.
Electrical and Mechanical Services Department: Oversees procurement of electrical and mechanical equipment for government facilities.

Top Procurement Winners
Leading metal suppliers: Jardine Matheson, Noble Group, Sims Metal Management.
Construction companies: Gammon Construction, China State Construction Engineering Corporation, Leighton Asia.
Engineering and technology firms: CLP Holdings, Hongkong Electric, MTR Corporation.
International trading houses: Glencore, Trafigura, Mercuria.

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