Founder
CMG was founded by Mr. Hu Muzhong in 2008. Before that, Mr. Hu Muzhong worked in a large state-owned steel enterprise in Shanghai for more than 24 years. He served as energy engineer for 8 years, then transferred to the International Trade Department for iron ore and coal imports for 16 years, and stayed in oversea companies of the United States and Hong Kong in charge of raw material procurement and steel export business for 8 years during that time.Mr. Hu Muzhong has unique insights in the field of iron ore and coal trade and is aware of the needs of this industry. With his years of experiences, knowledge and connections, Central Minerals (Group) Ltd. was established in 2008.
Message From Our Founder
Mr. Hu Muzhong
Central Minerals (Group) Limited (CMG) has gone through more than a decade since it’s established in 2008.After more than ten years of efforts, CMG has developed from a startup to a medium-sized raw material import and export trading company. In 2020, iron ore and coal trading volume has reached 13 million tons, with total revenue of 1.2 billion US dollars.Here, we would like to thank all the partners in the upstream and downstream of the steel manufacturing industry. Many mines and steel mills have cared for and supported us all the time, on which we rely.Although the market has changed rapidly in recent years, we have always adhered to the basic principle of “Integrity-based”. Integrity is the secret, soul and core value of our company’s survival and development, which has been deeply rooted in the hearts of every CMG employee. This core value has also increased our business yearly and enlarged our market share constantly.To deal with the increasingly competitive circumstances in the metal trading industry, we have developed a comprehensive trading model matches financial derivatives with physical transactions, which has achieved good results, also increased the competitiveness of our products, optimized efficient and high quality of our service, gained more trust from our clients.To be the best-in-class business partner of global steel plants and mines, recognized for service expertise, diversified cooperation, operational excellence, sustainable development and the commitment to deliver.We sincerely look forward to continuing to cooperate with our new and old partners, holding hands together to create a prosperous future.