Buy any metal products at best market prices and get the flexible financing terms
Search for any metal products and negotiate better prices, delivery and payment terms in one single end-to-end procurement solution
Wide range of products
Access to over 20,000 SKUs of metals with various processing services, all available in one place
Access to over 20,000 SKUs of metals with various processing services, all available in one place
Direct dealing
Buy directly from stockiest owners with no middlemen, ensuring competitive prices and faster delivery
Buy directly from stockiest owners with no middlemen, ensuring competitive prices and faster delivery
No collateral required
Financing available without collateral, with 30-60 days of invoice financing and low monthly interest payments of 1-1.5%.
Financing available without collateral, with 30-60 days of invoice financing and low monthly interest payments of 1-1.5%.
Cheaper than your current dealer can provide
Flexible financing solutions
Get financing solutions tailored to your targets, with up to 1Cr renewable limit for any number of deals
Get financing solutions tailored to your targets, with up to 1Cr renewable limit for any number of deals
Source metal products in a husstle-free way with the best prices available on the market
Real-time price and volume updates
Stay up to date with everyday updates on actual prices and volumes in your laptop and smartphone. With this information available, you can make informed decisions and stay ahead of the competition.
Comprehensive metal processing services
Any metal processing services for your needs: Laser/gas cutting, Guillotine chopping, Plasma-arc cutting, Slitting of coiled steel, Hole drilling, Welding.
On-time delivery and quality assurance
Timely delivery and <0.05% customer complaints on quality. All certificates are available at the click of a button, so you can be assured that your order meets all necessary standards.
24/7/365 marketplace support
Forget about tens of phone calls and e-mail with different sales managers – all the information is available online and round-the-clock marketplace client service is always with you.
Who are the customers?
MSME in North India who is buying 10-100 tons of flat steel products a month
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Customers of flat products
>50t a month:
Roofying systems, ventilation equipment, sandwich panels, Lifting and attachment equipment, heavy steel structures, road equipment, water tanks, lifting equipment.
20-50t a month:
Fences, metal doors and furniture.
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Customers of long products
>50t a month:
Commercial/civil multi-storey buildings, schools, infrastructure (roads, bridges), small/mid-sized developers.
20-50t a month:
Playgrounds.
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Customers of pipes
>50t a month:
Oil and gas subcontractors, heavy steel structures, piles producers
20-50t a month:
Water-supply communications, water drilling, formwork, fences
End-to-End B2B marketplace tailored for steel trading with SME
We provide you access to the new way of buying and selling steel products through our Tech-enabled B2B-marketplace
- Get POs as quickly as possibleGet the tool to monitor actual prices from wholesale distributors and agree on the individual prices with your suppliers without assymetry of information on the market
- Negotiate better sales terms with all potential suppliers in one easy-to-use platformYou don't need anymore wait hours before the supplier provide you the invoice. Make everything done online.
- Eliminate highly intensive manual work to compare POs from different suppliersWe will provide you with the detailed analysis on the suppliers offers using our match-making tool assuring no meaningfull information is missed in order to agree on a deal.
Get POs as quickly as possible
Get the tool to monitor actual prices from wholesale distributors and agree on the individual prices with your suppliers without assymetry of information on the market
Negotiate better sales terms with all potential suppliers in one easy-to-use platform
You don't need anymore wait hours before the supplier provide you the invoice. Make everything done online.
Eliminate highly intensive manual work to compare POs from different suppliers
We will provide you with the detailed analysis on the suppliers offers using our match-making tool assuring no meaningfull information is missed in order to agree on a deal.
-
Efficient procurementSave 1-2% every month on the efficient purchase price of steel products via our platform -
Lower interest rateSave 0.5-1.5% every month getting access to cheaper financing -
BonusBuy more than 10 Lakh and get 0,1% of the total order value cashback – up to 10 000 Rs rewards per order (Example - you buy 50 Lakh of material, you get 5000 Rs as a reward)
The best value offered
Discover the competitive edge of MetalMarket compared to dealers and the NBFC
MetalMarket
Typical Dealer
Typical NBFC
Credit limit
up to 3 Cr
up to 0.5 Cr
up to 3 Cr
Installment period
up to 185 days
15-30 days
up to 60 days
Interest rate
12-18%
18-24%
24-35%
Approval time
2-3 days
6 months
5-7 days
Collateral
Not required
Not required
Required
Early repayment
Possible
Possible
Not possible
Documents submission
Self-Scoring first
Documents after approval
Documents after approval
Work on trust, but trust can be created after years of work
A bunch of unnecessary documents
Check-out
Online/Offline
Offline
Online
All steel products available on the platform
Long products
- Rebar
- Channel
- Beam
- Angles
- Round
- Plate
Flat products:
- Hot-rolled coil (HRC), Cold-rolled coil (CRC)
- HR/CR Sheet
- Corrugated coil/sheet
- Galvanized coil/sheet
- Strip
Pipes:
- Square pipes
- Rectangular pipes
- EWR pipes
- Seamless pipes
Solution for both sides: MetalMarket’s BNPL Platform
Suppliers instead of wasting money on advertising and discounts will sell by invoice financing and subsidize loans interests for their customers.
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First of all, Buyers need to be scored by MetalMarket in order to understand what is the interest rate and number of days of post payment that we can offer.
Supplier agrees the invoice (final sales + payment terms) with the approved Buyer on our platform
Buyer should send the invoice to MetalMarket to request the invoice financing; Seller confirms the invoice as well to avoid fraud.
MetalMarket signs the loan agreement with the Buyer where number of days and the interest rate are clearly stated
After money received Seller dispatches the order to the Buyer (Seller ensures that metal is reserved from the day of invoice financing confirmation)
Our suppliers
Our financial partners
Eligibility criteria for Buyer
1
Annual turnover in manufacturing – 3+ Cr, annual turnover in construction – 10+ Cr
2
Minimal age of the company must be 2 years
3
Only profitable business – at least for the last year
4
One banking line (CC/ OD limits for working capital) is opened
5
CIBIL credit score must be more than 650
Required documents
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KYC details -
Bank statement for last 6-12 months -
Financials for previous 2 fiscal years -
GSTR details for current fiscal year
About us
We are founders of two rapidly developing steel marketplaces in Russia - MetalScanner.ru and Platferrum.ru
- Igor Karelin
CBDO/Co-founder of Severstal-owned steel marketplace – Platferrum.ru
Ex-head of new business models at Severstal (One of the world's most efficient metals and mining companies)
Ex-Deputy IT Director at Utkonos and Ulmart (leading e-commerce retail and delivery companies in CIS)
- Roman Volkov
Founder of 1st independent steel marketplace in CIS – MetalScanner.ru
Ex-Commercial strategy and business development manager at ERG, ex-BCG
Team traction on the domestic market (Russia)
- GMV: 155 mln $
- Registered clients: 3200
- Integrated sellers: 150
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FAQ
We work officially and transparently by clarifying all client details in the service agreement. MetalMarket regularly posts financial reports to the public. We cooperate with the state Startup India Hub.
Our company helps to save you from the risks of installments: you get the money immediately, and your buyer pays us the debt in a period of 1 to 6 months. This insures you against delays and non-payment of debt.
Our company helps to save you from the risks of installments: you get the money immediately, and your buyer pays us the debt in a period of 1 to 6 months. This insures you against delays and non-payment of debt.
Yes. The security of information about transactions on the MetalMarket platform is confirmed by a certificate of a high level of protection of the software and data. The installment limit will be available on your nominal account, which only you will have the access to.
Your supplier must be a sole trader or legal entity.
Credit limit is calculated individually for each client, the approval of the limit takes no more than 10 minutes based on the provided statement on your bank account.
Credit limit is calculated individually for each client, the approval of the limit takes no more than 10 minutes based on the provided statement on your bank account.
Send the supplier an invitation to connect to MetalMarket’s platform. Our manager will contact them and help them join. After signing the contracts, you will be able to conduct installment transactions through the platform.
You and your supplier need to register on MetalMarket’s platform. To do this, leave a request on the company's website and our manager will contact you and help with the connection process. After that, you will be able to conduct installment transactions with clients through the platform.
You can get a loan for a specific deal with your supplier.
The minimum price is achieved by receiving commercial offers from various verified suppliers with the possibility of holding a 2nd round of bidding with selected suppliers within our platform
On average, you will start receiving quotations/bills within 15 minutes. If you need to agree on an individual discount, you will receive it within 1-2 hours.
All suppliers on the platform are checked for reliability, but the main thing is that our team has 15 years of practical experience in the metal trade, which allows us to say with confidence that 95% of all wholesale suppliers are collected on our service
We do not act as a seller in a transaction and do not earn from a buyer. Our earnings are a commission from the supplier.
At the moment we do not work with returns of goods, because. we are not a seller of metal, however, if defects are found, please report a complaint to our customer care email sales@metal-market.in