Introduction

Tech E Steel is a globally competitive robust online marketplace for end to end solutions in mild steel sector. This platform allows users to easily BUY & SELL all steel products.

Tech E Steel leverages the domain expertise of Standard Group India (SGI), strong member base of Steel Users Federations of India (SUFI) and financial markets expertise of BSE, India through its group company BSE E-Agricultural Markets Limited (BEAM).

STEEL IS THE BACK BONE OF ANY ECONOMY. Indian government has laid down a clear-cut path under STEEL POLICY 2017 with a target to achieve 300 million tons production, 160 kgs capita consumption by year 2030 from 110 million tons production and 75 kgs per head consumption currently. In order to achieve these targets, it is imperative that the steel ecosystem consisting of producers, consumers & distributors need a very efficient end to end solution. Steel needs to be made available to the end consumer in minimum time interval and at most competitive price, in order to make them globally competitive. Price discovery of steel needs to be not only transparent but also delivery mechanism needs to be efficient. This is possible only with use of technology and an E-MARKETPLACE.

TECH E STEEL does precisely this…It is in line with PM Modi’s vision of bringing transparency in Steel Ecosystem by use of technology and benefiting SME & MSME Sector by providing equal opportunities to all.

Current Prices

Billets: $780 – $790 | Rebar: $829 – $825 | Wire Rod: $800 – $835 | HRC: $825 – $835 | CRC: $940 – $945 | Plate: $860 – $900

Promoters

Tech E steel is coming together of various minds in steel, technology and industry association in order to provide an efficient and robust e-platform.

BSE E-Agricultural Markets (BEAM): (BEAM): A BSE group company, brings in latest technology and clearing & settlement mechanism with the backing of BSE.

Steel Users Federation of India (SUFI): The only united platform representing Indian steel sector from steel mills to steel users to steel distributors, service providers. SUFI brings all steel stakeholders under a common umbrella.

Standard Group India (SGI): 35 years of experience in steel sector across both flat and long segment. The group’s presence is well known in Indian steel industry which is further strengthened by young entrepreneurs with knowledge of latest trends in the e-world.

Tech E Steel Advantage:

How Tech E Steel Works?

Products

Hot Rolled plates & coils

Cold Rolled sheets & coils

Coated Steel products

GI, GL, PPGI, PPGL, Etc.

Tin Mill products

TMT bars

Wire rods

Round bars

Structural steel

Billets

Steel is the Lifeline of any Economy.

Tech E Steel Advantage

Single most important factor for any e-marketplace is TRUST, for delivery of right product, right price discovery, for complete transparency and finally security of payments. Tech E steel has tied up with none other than BEAM (a BSE group company) for transaction settlement and payment gateway.

With over 7 crore users, BSE (Bombay stock exchange) is a 143 year old institution and a leader in its own right. It carries not only a rich heritage but is also one of the fastest exchange in the world.

All you need is internet connection and a digital device, to enable you to trade on E-Steel from anywhere in the country. “Ease of doing business” is paramount to any digital platform.

Tech e steel provides this platform so that it is insignificant whether you are in Jabalpur or Mumbai. There is equal opportunity to all to trade (buy or sell) steel across India.

As you are directly purchasing from the seller, with reduced intermediaries our system is built to ensure 100% transparency & provides the best price possible. The objective of e platform is to empower the small buyers who are in SME and MSME segment. Access to right material and right price is crucial to their survival and growth.

Price discovery at tech e steel is completely transparent and on real time basis thus ensuring best pricing to the steel user. Buying and selling steel products was never so easy!

When payment settlement is done by BEAM (a BSE group company) one knows that the funds are in safe hands.

All clearing and settlement will be done on BEAM (a BSE group company) ensuring complete safety, transparency and timely settlements.

It is very important that material adheres to the quality being confirmed in the trade.E-steel has appointed well qualified assayers who will ensure that the product confirms to particular standard under BIS.

  1. Any incoming material shall be unloaded only at e-steel approved and designated warehouse. The incoming material has to accompany MTC (mill test certificate ) depending on the type of trade and material.
  2. There will be provision for independent testing of material at buyers behest and the findings shall override the MTC provided . The testing charges will have to be borne by the buyer.
  3. Material inspection can be carried out at the time of loading in order to avoid any wear and tear at the time of loading . A loading report shall be mandatory and available all the time to the buyer.

All inspection shall be carried out by tech e steel approved assayers and charges will be borne by seller or buyer as the case may be.

Tech e steel is providing a robust system for seamless user experience on all aspects of on line trading using latest IT tools available.

Single most important factor for any e market place is TRUST, for delivery of right product, right price discovery, for complete transparency and finally security of payments. Tech E steel has tied up with none other than BEAM (a BSE subsidiary) for transaction settlement and payment gateway.

With over 7 crore users, BSE (Bombay stock exchange) is a 143 year old institution and a leader in its own right. It carries not only a rich heritage but is also one of the fastest exchange in the world.

All you need is internet connection and a digital device, to enable you to trade on E-Steel from anywhere in the country. “Ease of doing business” is paramount to any digital platform.

Tech e steel provides this platform so that it is insignificant whether you are in Jabalpur or Mumbai. There is equal opportunity to all to trade (buy or sell) steel across India.

As you are directly purchasing from the seller, with reduced intermediaries our system is built to ensure 100% transparency & provides the best price possible. The objective of e platform is to empower the small buyers who are in SME and MSME segment. Access to right material and right price is crucial to their survival and growth.

Price discovery at tech e steel is completely transparent and on real time basis thus ensuring best pricing to the steel user. Buying and selling steel products was never so easy!

When payment settlement is done by BEAM (a BSE subsidiary) one knows that the funds are in safe hands.

All clearing and settlement will be done on BEAM (a subsidiary of BSE) ensuring complete safety, transparency and timely settlements.

It is very important that material adheres to the quality being confirmed in the trade.E-steel has appointed well qualified assayers who will ensure that the product confirms to particular standard under BIS.

  1. Any incoming material shall be unloaded only at e-steel approved and designated warehouse. The incoming material has to accompany MTC (mill test certificate ) depending on the type of trade and material.
  2. There will be provision for independent testing of material at buyers behest and the findings shall override the MTC provided . The testing charges will have to be borne by the buyer.
  3. Material inspection can be carried out at the time of loading in order to avoid any wear and tear at the time of loading . A loading report shall be mandatory and available all the time to the buyer.

All inspection shall be carried out by tech e steel approved assayers and charges will be borne by seller or buyer as the case may be.

Tech e steel is providing a robust system for seamless user experience on all aspects of on line trading using latest IT tools available.

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Steel Market News and Information

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Membership

Contact Us

Become A Member

Anyone who wishes to trade (buy or sell) on Tech E Steel would first have to become a member. Kindly submit the following form, duly filled & signed by authorized signatory, along with all required & applicable KYC documents. All completed forms and documents to be emailed to info@techesteel.com. For further queries, please send us a message by filling the attached MEMBERSHIP FORM.

Rules & Regulations

Tech E Steel leverages the domain expertise of Standard Group India (SGI), strong member base of Steel Users Federations of India (SUFI) and financial markets expertise of BSE, India through its group company BSE E-Agricultural Markets Limited (BEAM).

Contact Information