3 ways to buy and sell steel online

If you ended up at this article, you are probably looking for a way to ease your buy and sell steel trading process. But we should warn you that doing steel business online is not as simples as it looks. There are always untrustable people that will tell you anything to get your money, so take care and let’s see the 3 ways you can do this trades online:

1. Online Marketplaces

When we talk about doing business online, Marketplaces are the trending websites that are used. For any type of business, there is already a Marketplace. And for the steel market is not different.

Alibaba is not only an online steel marketplace, but it’s also one of the largest b2b commerce platforms in the world. You can probably find anything that is buyable there, in big quantities for companies to buy, and that includes all types of steel products: coils, rebars, plates, sheets, cold rolled, hot rolled, tubes, pipes, etc…

But before you rush into the website, know this: even with heavy security measures for sellers, Alibaba is not 100% trustable, as they can not confirm truly that each seller at the platform will deliver the products you need.  There are millions of sellers and multiple ways to check the trustability of each one. So take a deep look into feedbacks from past customers.

 

2. Buy and sell steel on Social Media

Well, being a daily user of Facebook and Instagram, it probably looks interesting if you could also “work” through them, right? You are not the only one that thinks that way.

Mark Zuckerberg, which is the owner of both social networks mentioned, is already working and currently launching online marketplaces inside the websites and apps. That will enable trading business with anyone that has an account on those networks.  Steel market should also prepare for that.

But while it’s not fully done, social media are always a good way to communicate your business opportunities and find interesting partners all over the world. Companies have been investing in social platforms, as they are the online position and image of the business. We, for example, are always trying to provide interesting and high-quality content and good business opportunities to our followers at Instagram and Facebook at @stsiholding

 

3. Online Business trading

That, fellows, is the good “old” way. But now, instead of going through business cards and phones book, you can search for contacts online.

Most of the companies have good and usable websites which you can find good info, history, trustability, communications and contacts to get in touch and make business.

This is, in our opinion, the safest way to ensure the security of the deals. Most of the businesses deals are made through official contracts and documents from both sides.

 

As a global trading company, we use all the 3 methods to buy and sell steel online. We have a huge network to connect suppliers, buyers and sellers all over the world.

If you need help understanding how to buy and sell steel online, please contact us.