Business & Services

Trading:

The Company is engaged in trading activities only. It trades all type of ferrous and non ferrous metals which mainly includes Zinc, Copper Ingots, Copper Rod, Tin Ingots, Copper Scrap and Nickel etc.

Multi Commodity Exchange (MCX) Platform:

The Company trades the goods in open market as well as on the Multi Commodity Exchange (MCX) Platform by taking and giving physical delivery of material and other modes also.

Import & Export:

The Company purchases the goods from Indian market as well as imports from various countries.

Competition

Although there is a clear and growing market for our products, we do face competition from a number of other players in this segment. Most of the markets in which we operate are unorganized and fragmented with many small and medium-sized Companies. Our competition varies for our products and regions. We have to compete with different players in different regions. We compete with manufacturers and traders on the basis of product range, product quality, and product price including factors, based on reputation, regional needs, and customer convenience. While these factors are key parameters the in client’s decisions matrix in purchasing goods; product range, product quality and product price is often the deciding factor in most deals.

Marketing

We ensure service our customers effectively and just in time delivery. We cater the requirements of various sectors. We sell our products primarily under sales contracts and purchase orders by entering into contracts on various terms with our customers and are obliged to deliver products according to a pre-agreed price and schedule during the term of the contract. We grant certain customers credit terms on the basis of the reputation of the customers and their previous credit record with our Company. We also sell our products against purchase orders placed by our customers. Our goals for marketing plans are to gain market awareness with respect to the demand for the new product developments in the local markets, prepare viable advertisements, sales promotions, sponsorships, database programs and other marketing communication tools for consumer markets and Market its products by participating in tender to procure contracts and undertake to supply products.

Insurance

We maintain insurance for standard fire and special perils policy, which provides insurance cover against loss or damage by fire, earthquake, explosion, burglary, theft and robbery, which we believe is in accordance with customary industry practices. We have also availed out various insurance policies to cover our vehicles at our all the offices and plants.