Alkavex, the steel trading arm of Alkagesta, has held business development meetings in Tangshan and Tianjin as part of its commercial development work in China, according to a statement published by Alkagesta. The visits brought the venture into contact with steel manufacturers, trading and processing businesses, and industry representatives in a corridor central to its regional sourcing activities.
Bayram Bayramli, China Business Developer at Alkagesta, led the engagements. Alkagesta said the meetings offered direct insight into manufacturers’ production capabilities, the infrastructure supporting supply chains and opportunities for international trade. The programme covered both steel-producing and processing companies, alongside industry associations, giving the venture contact with several parts of the supply chain rather than manufacturers alone.
Alkagesta described Tangshan and Tianjin as jointly forming one of China’s most significant steel production and export corridors. It said the engagements reinforced relationships supporting Alkavex’s sourcing and trading work in the region. The account presented the visits as part of continuing commercial development, but did not disclose any resulting supply agreements, purchase volumes or delivery schedules.
Based in Malta, Alkavex is a joint venture between Alkagesta and French steel trading company Navex SAS, with Alkagesta holding the majority interest. Its initial business focus is on semi-finished and finished steel products sourced mainly from China. The venture serves customers in both West and East Africa, linking its Chinese sourcing activities with those African destination markets.
According to Alkagesta, the venture combines market knowledge, logistics capabilities and trade finance solutions to support growing demand from construction, manufacturing and infrastructure development in those regions. The statement outlines that commercial model without providing steel prices, freight costs or financing terms. It therefore offers a sourcing-development update, rather than figures from which to assess freight-adjusted margins on China-to-Africa steel trades.