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OVERVIEW

More than 15 years ago when we started the business, we were told that steel could not be sold online. We answered the scepticism of the market by building and operating the largest online platform for selling steel in India. We provide a platform for end to end selling of steel, which enables big as well as small consumers to buy steel directly from large corporates such as SAIL and Tata Steel, among several others, thereby bringing simplicity and efficiency into the process. Through a transparent electronic bidding process, buyers get direct access to the large sellers, disintermediating the steel supply chain.

Product category expertise
Buyer base of over 15,000 in different product categories
Online selling strategy expertise
End-to-end post-sales management services
Product category expertise
Buyer base of over 15,000 in different product categories
Online selling strategy expertise
End-to-end post-sales management services

Buyer Finance

Our financing division, which makes unsecured online finance Solutions available on attractive terms to buyers and channel partners, which include distributors, dealers and end users who buy from our clients. We have tied up with 14 large banks, financial institutions and NBFCs which provides supply chain finance

SERVICES

e-Auction of Steel

We offer a robust IT platform for e-Selling of steel that enables quick selling of the materials with a potential for higher price realisation through greater participation of buyers. The system enables faster evacuation of materials thereby reducing the cycle time and increases the geographical reach with addition of new buyers. We provide you access to market intelligence on products, helping you take informed decisions. There is availability of system-generated reports capturing complete details of buyer participation and audit trails for compliance.

Post Sales Management Service

We offer post-sales supply chain related fulfillment services for enabling cash to carry cycle time reduction along with increasing customer convenience. The service is fulfilled through an IT platform, wherein data from various sources are integrated to compute desired transactional parameters and automation in terms of communication and MIS. An experienced shared service team provides support for transactions in the client’s legacy system.

CONFERENCES

We organise Indian Steel Markets Conference, India's leading steel markets conference focusing on the issues faced by steel makers and steel buyers. The conference is an excellent platform to network with the key stakeholders of the steel industry.

PUBLICATIONS

We publish original, independent and global coal news and price information. We produce industry specific reports and magazine, which enable our clients to take informed business decisions. Our information products bring you closer to facts and people connected with the coal vertical

MAGAZINE

Steel Insights - The Magazine delves into various facets of the domestic and global steel industry such as market fundamentals, raw material price trends, price forecasts etc.

REPORT

India Steel Market Watch -A brand new high-end steel market report, covering all aspects of the steel industry in India.

Case study

Digital Platform for e-selling of automotive scrap

In an engagement spanning 6 years, mjunction has enabled successful sale of manufacturing scrap (generated from 20 manufacturing plants) for an Indian multinational motorcycle and scooter manufacturer headquartered in New Delhi.

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Melting Up Pig Iron Through e-Auction

Steel Authority of India Limited (SAIL) is the largest steel-making company in India and one of the seven Maharatna’sof the country. SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India.

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e-Selling Automobile Scrap

Established in 2001 in the automotive industrial hub of Gurgaon, our client is serving market demands for quality automotive components. With twodecades of experience in the automotive industry, they are a manufacturer of Chassis for Motorcycles, Welded Sub-Assemblies, Fuel

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e-Selling HR Plate & Sheet

Our client is among the top steel producing companies in the world with an annual crude steel capacity of 34 million tonnesper annum. It is one of the world’s most geographically-diversified steel producers, with operations and commercial presence across the world.

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e-Selling Flat Steel Products

AM/NS India is a joint venture between ArcelorMittal, one of the world’s leading steel and mining companies, and Nippon Steel, Japan’s largest steel producer. ArcelorMittal and Nippon Steel established the joint venture in December 2019 with the acquisition of Essar Steel in India.

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e-Selling Steel Seconds

Our client is a profit center division of the world’s second-most geographically diversified steel producer for handling by-products and scrap in the entire value chain of the steel company

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TESTIMONIALS

Snow
Hero MotoCrop Limited

Heartiest congratulations on being integral part of our jour ...Read More

Mr Mike Clarke

Chief Operating Officer

Snow
SAIL VISL

Appreciate the great work by the mjunction team for both Iro ...Read More

Mr K S Suresh

GM Marketing & Shipment

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