more-in Union Steel Minister Birender Singh on Thursday launched the e-portal of Rashtriya Ispat Nigam Limited for online sale of its products through Metal Scrap Trade Corporation (MSTC) Metal Mandi in North Eastern States. The specially-designed website would be an excellent example of synergy between ‘Digital India’ and ‘Make in India’ missions initiated by the Prime Minister, Mr. Singh said in New Delhi. Minister of State for Steel Vishnu Deo Sai, Secretary, Steel Aruna Sharma, RINL Chairman-cum-Managing Director P. Madhusudan, his counterpart in MSTC B.B. Singh were among those present on the occasion. The portal provides information regarding the different products available, their specifications, pricing, etc. Delivery at the doorstep is one of the attractive features of this initiative. The entire process is transparent and the interaction is enabled by a user-friendly interface. Sale through the web is enquiry based system, where the registered buyer shall be sending the enquiry for its requirement of steel (mainly TMT Rebars & Structural products) through the portal. On receipt of the enquiry RINL shall take further action to execute the sale. Pooling of resources The Steel Minister said “in February this year, when we set up a coordination committee for pooling of resources between PSUs, we had potential for projects like this in mind. I am happy that this project is being started and it should serve as an example for more such innovative and out-of-the-box projects.” The portal was launched at the first regional conference organised by the Ministry of Steel for enhancing steel consumption in North-East. The region is being given top priority by the government and lot of new projects are being started there. “Our steel companies must tap this market and serve their steel needs. Let us try to find out more such areas where our PSUs can work together for achieving economies of scale, reaching new markets and sharing of best practices,” the Minister said.

Stay updated with all the Latest Visakhapatnam headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.