About Us

United Investment & Trading Corporation Ltd (UITCL) is one of the leading trading, indenting, and export houses in Bangladesh. Our journey started in 1979, under the name “R&A Traders” and later in 2010 in order to expand our network and business we rebranded to UITCL. We have a long history of expertise in the global market and we are known for our high standards of quality and service.

We have a team of experienced professionals who are experts in representing international producers and suppliers. Our endeavor to introduce our suppliers to the Bangladesh market and help them to increase their market share. We handle various products, including ferrous and non-ferrous metal scrap, heavy machinery, industrial raw materials, and project machinery

At UITCL we are confident that we can be a reliable partner to help you succeed in the global and Bangladesh market.

OUR
ACHIEVEMENTS

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Mtons Ferrous metal scrap shipped

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World Wide Brand Served

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Contracts Completed

2023

Established

MISSION & VISION
MISSION & VISION
MISSION & VISION

MISSION

UITCL is committed to providing premium quality materials at competitive prices. We also strive to strengthen partnerships and remove barriers to trade.

VISION

To become the leading trading house in Bangladesh through providing unmatched values by ensuring that our international suppliers have a smooth business experience and our buyers have a seamless supply chain by obtaining best products at competitive pricing from us.

ABOUT BANGLADESH MARKET

Growing Demand: The annual demand for ferrous metal scrap in Bangladesh stands at approximately 9 million tonnes, and this demand is projected to undergo a substantial doubling within the next few years.

Expansion Initiatives: The government is investing in many new projects, which is creating demand for steel re bars. To meet this demand, all major player of this sector is expanding its production capacity as well as building new factories and production facilities.

Import Dominance: Presently, a significant 80% of the country’s total steel and metal scrap requirement is met through imports, highlighting the ongoing reliance on international markets to bridge the supply gap.

Local Production: The remaining 20% of the demand is satisfied by local production sources, specially ship breaking yards.

Varied Shipment Modes: Shipment methods encompass a blend of break bulk and containerized transportation, allowing for flexibility and optimization in meeting the diverse needs of the market.

Payment Practices: The only way to make secure payments in the industry is through a letter of credit (LC), which guarantees payment to a seller if the buyer meets certain conditions. This makes LCs a very secure way to make payments in this sector.