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. Introduction

SteelRX Corp. is a leading NEUTRAL e-commerce service provider for the steel industry in India. SteelRX was launched in June 2000 after seven months of work on the concept specifically conceptualized to suit steel industry in India based on Indian Market Research Bureau (IMRB) study initiated by SteelRX.

India's premier neutral global steel public e-marketplace has been endeavoring to integrate the highly fragmented small and medium sized companies with the big ones in domestic markets. During the past three years SteelRX has witnessed SELLERS and BUYERS of steel in India getting multidimensional benefits due to increased efficiencies in their online transactions for spot buying or selling. SteelRX has reinforced and strengthened the relationships amongst buyers and sellers by providing unique benefits through online participation.

During these years, SteelRX has successfully leveraged the inhouse skills to provide eBusiness solutions to the small and medium sized organizations in the steel domain. Today SteelRX has emerged as a reliable and competent eBusiness services provider to the steel industry and the success story is in the process of being repeated in the metals domain too.

We provide various services like
eAuctions
ThoughtWare Solutions (Customised eSolutions for your business)
Web Services
Web Solutions

eAuctions

SteelRX conducted its first 'Online Managed eSell Auction' in May 2001 and since then we have helped over a dozen Corporates in garnering higher market driven revenues.

To avail our services all that a Seller needs to do is to issue a letter authorizing SteelRX to manage the online auction on his behalf. We handle all activities till receipt of EMD by the Seller and the auction is conducted on date and time agreed by Seller and as per his terms and conditions.

The success stories are being repeated for many more companies and so far Managed eSell auctions for different secondary arisings / surplus items have been conducted with the sellers realizing substantial improvement in their product price. The bids are being received from bidders nationwide.

SteelRX recognized the latent need for managed eSell auction for Corporates who wanted a faster mode of realization for their Scrap and Excess Inventory. This new model has opened a whole new market of buyers in different geographical areas for the seller. Better price realizations, expansion of seller's current market reach and removal of logistics related hindrances like time and efforts spent by bidders to visit the site physically to inspect, are few of the benefits that can be experienced through online live auctions.

The initiative has been lauded by the members of the Steel industry and has set a milestone for E-Commerce in steel in India.

Similar processes for Managed eBuy Auctions are also being designed for Corporates to enhance their savings while buying products as well.

BENEFITS OF eSell and eBuy to Corporates

  • No need for the SELLER/BUYER to allocate resources for soliciting response since SteelRX will provide a customized platform.
  • SELLER/BUYER reaps the benefits of e-commerce without immersing into intricacies of e- commerce. Discovery of new buyers/sellers without incurring any cost.
  • BIDDERS will be able to bid from their office itself - wider participation and price advantage.

    Online selling/buying will introduce dynamic prices in real time and transparency in the process with its consequent benefits to all the concerned parties.

    Advantage BIDDERS
  • Bidder can bid sitting in comfort of his office - travel days & expenses are saved
  • Bidder can participate in any no. of auctions on different locations at the same time.
  • Conclusive deals in lesser time (few hours!) & Effort without physical presence.
  • Online and Offline support from our regional team. It expands reach of the bidders.
You need not be a steel company to realize eTransactions benefits with our help. Be it non-ferrous or ferrous, we can offer you a Customised eSell or eBuy solution.

For more details please write to us at info@steelrx.com

Web Services

All organizations to gain and maintain their market share need higher domestic and global visibility. The easiest, most effective and cost efficient method of reaching out and putting your company on the corporate map is through a website. An attractively designed website which is interactive and e-commerce enabled, helps your business grow giving your organization a distinct corporate identity.

India's first and only successful neutral e-marketplace for steel and metals, has very quickly diversified into a company providing end to end technology solutions including web services and content development through leveraging of the rich experience and skills.

www.steelrx.com was declared SECOND BEST in the Global website competition by International Iron & Steel Institute Brussels in 2002.

Creating an effective website involves outstanding design, flawless technology, and an effective strategy to fuse it all together.

A website for us is a thoroughly executed process, beginning with initial strategy and objectives, through design and production, to launch and maintenance. All of this is accomplished within a projected timeline and budget. In short we have your interests foremost.

Our development team is well-versed with everything from scripting to web applications to e-commerce platforms.

As part of a long-term maintenance strategy, we also develop web-based Content Management Applications for clients that want easy-to-use non-HTML methods of updating their site content.

So from hosting to maintenance all the solutions are present under one roof.

Since SteelRX has established itself successfully as the only platform for culling and disseminating information on the industry through our website and newsletters, it is the perfect solution provider giving your site not just an edge in design but also content due to our domain knowledge of the industry.

From Ministry and Association sites to Corporates in various fields we have handled a varied range of projects giving each client a customized solution.

For more details please write to us at nikhil@steelrx.com/kalyan@steelrx.com

Web Solutions - Private Trading Area

It has been observed the world over that during these changing times the big players have adjusted with relative ease but it is the medium and small sized enterprises, which have to worry about bearing the cost of change. To make e-commerce affordable and within easy reach for the small and medium enterprises in the steel sector, SteelRX has, in collaboration with the Mandi Gobindgarh based Steel Ministry's National Institute of Secondary Steel Technology (NISST), launched a project to enable Small and Medium Enterprises in the steel sector to reap the benefits of new technologies. With the deregulation of the steel sector, The Government has become a facilitator and through this initiative of NISST and SteelRX, the Ministry of Steel aims to prove their intentions in this regard.

Once you join as a member of this project of NISST-SteelRX, you are in one stroke in league with your big competitors and you are able to do the same without spending even a fraction of what the big players did!

Called Private Trading Area - the project offers you `your very own' Internet based Sales and Purchase solution for direct goods/materials. This e-commerce solution has been designed in a simple and flexible way to deal with your strategic and downright proprietary customers and vendors whose sensitive connections you are not willing to expose to your competition. The software is designed and customized to suit you specific requirements. This software is hosted and managed on a server by SteelRX maintaining a highlevel of security and confidentiality.

The operating costs have been kept low and small fee is payable on monthly basis. In return you are able to conduct business with the latest, relevant technology sure to improve bottom lines.

In short - the days of your being small and medium enterprises are over. You are now set to become strong and e-com savvy as the Major Enterprises.

  • With the NISST-SteelRX solution the following e-Commerce activities can be performed by you online…
  • You will be provided with a secure work area exclusively for you and your strategic & proprietary business partners.
  • This will have an interactive web page with transactional functionalities and will provide information about your company and allow other
  • parties to conduct business with you.
  • You can conduct online secure deals with your regular Buyers through your authorized one or more Sales Managers handling different products and customers.
  • Each of your buyers can use the customized solution to perform the following activities.
    • View offers from you.
    • Post enquiries for their requirements.
    • Close deals online.
  • Similarly you can also perform Purchase activities online with your strategic vendors for direct materials.
  • Besides completion of deals online you have the provision to generate basic documentation such as Invoice, Packing List and Mill Test Certificates. These can be made viewable to buyers online.
  • Similarly, for Purchase, your Vendors can submit basic documentation, which would be viewable to you.
  • Besides performing the above activities you can view all orders and related documentation online. This gives you the desired information in one place.

    This is not the end of it. There are many more features we have to offer you - today, tomorrow, and in coming weeks and months


  • Get in touch and for more details please write to us at sonia@steelrx.com / kalyan@steelrx.com

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