Notes on Delhi's Loha Mandi
REPORT ON LOHA MANDI DELHI
* Major supplier are both the big manufacturing firms like Tata, Sail, JSW, Essar and medium and small scale manufacture like Rathi, Kamdhneu and nearby local manufacturer. * The price difference between the products of such company varies from 2-4 rupees per kg. * Stock comprises of both long and flat products. * Local retailer preference first goes for the local products and then the branded steel products. * The local products are less finished as compared to branded steel. * Market also has the China steel products which are of same standard but at less price even though huge transportation cost. * The steel market is low at current times. * Also the Tata, Essar and such brands have better finished products that that of SAIL. * Supplier tends to supply more than demand, thus creating stock pile. * There are no such preferred supplier it depend on price and demand. * Major customers are dealers, builders and people nearby area. The territory of business is mostly confined to Delhi-NCR region. * Transportation is not much of a problem as it is carried out during night, container are not preferred as the product are of different length and size also the products are not fragile. * The time interval for bringing material in stock varies across product and thus accordingly they are brought into stock. * Branded steel products can be designed by engineered work and steel usages can be saved up to 15-20%. * Our common observation during survey that a lot of man power is used in handling the steel products, the use of technology is quite low. * Thus we also got to know about the shortage of man power. Also now the business people has to file four C-form that is on quarterly
* Major supplier are both the big manufacturing firms like Tata, Sail, JSW, Essar and medium and small scale manufacture like Rathi, Kamdhneu and nearby local manufacturer. * The price difference between the products of such company varies from 2-4 rupees per kg. * Stock comprises of both long and flat products. * Local retailer preference first goes for the local products and then the branded steel products. * The local products are less finished as compared to branded steel. * Market also has the China steel products which are of same standard but at less price even though huge transportation cost. * The steel market is low at current times. * Also the Tata, Essar and such brands have better finished products that that of SAIL. * Supplier tends to supply more than demand, thus creating stock pile. * There are no such preferred supplier it depend on price and demand. * Major customers are dealers, builders and people nearby area. The territory of business is mostly confined to Delhi-NCR region. * Transportation is not much of a problem as it is carried out during night, container are not preferred as the product are of different length and size also the products are not fragile. * The time interval for bringing material in stock varies across product and thus accordingly they are brought into stock. * Branded steel products can be designed by engineered work and steel usages can be saved up to 15-20%. * Our common observation during survey that a lot of man power is used in handling the steel products, the use of technology is quite low. * Thus we also got to know about the shortage of man power. Also now the business people has to file four C-form that is on quarterly