e-Portal for steel products sale launched

e-Portal for steel products sale launched
Highlights

Union Minister of Steel Birender Singh launched a dedicated e-Portal for online sales of steel products by RINL through MSTC Metal Mandi in North Eastern region of the country at a function organised in New Delhi. Speaking on the occasion, Birender Singh remarked that the e-Portal was an excellent example of synergy between Dig

Visakhapatnam: Union Minister of Steel Birender Singh launched a dedicated e-Portal for online sales of steel products by RINL through MSTC Metal Mandi in North Eastern region of the country at a function organised in New Delhi.

Speaking on the occasion, Birender Singh remarked that the e-Portal was an excellent example of synergy between Digital India and Make in India missions. The e-Portal project should serve as an example for innovative and out-of-the-box projects.

The ministry had organised first regional conference for enhancing steel consumption in North-East. The region was being given top priority by the government and lot of new projects were being started and executed in the region. The Indian steel companies must tap the market and serve their steel needs, the Steel Minister said.

Minister of State for Steel Vishnu Deo Sai, secretary to the Steel Ministry Aruna Sharma, CMD of RINL P Madhusudan and CMD of MSTC BB Singh were among those present.

The portal provides information regarding the different products available, specifications and pricing. Delivery at the doorstep is one of the attractive features of the initiative. Sale through the web is enquiry-based system where the registered buyer shall be sending the enquiry for his requirement of steel (mainly TMT rebars and structural products) through the portal. On receipt of the enquiry, RINL will take further action to execute the sale.

Pooling of resources under the Ministry of Steel for mutual benefit, by utilising the web services of MSTC shall be both a cost saving measure and an opportunity to develop new markets to RINL.

The rapid development of infrastructure in North East region is taking place with improvements in road, rail and air connectivity, telecommunication network. In turn, would boost the demand for steel and the present initiative would go a long way in meeting such demand apart from bringing Vizag Steel to the doorstep of other consumers.

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