Salzgitter : launches e-AUCTION trading platform

Salzgitter Mannesmann Stahlhandel is now presenting a global innovation - e-AUCTION, a digital trading platform. The Salzgitter Group's steel products can be bought at auction here with immediate effect. Düsseldorf-based Salzgitter Mannesmann Stahlhandel GmbH is the first steel trader to sell its products in an open bidding procedure that allows the highest current bid to be tracked.

In future, however, it is not only the products of the stock holding steel trade that can be sold via auction - true to the steel trade's motto: everything is possible. Based on Younited, the e-AUCTION will be extended step by step in order to greatly simplify the procurement procedure for customers through innovative services, while optimizing processes and enhancing efficiency.

'The e-AUCTION platform is another example of how we are using digitalization and networking to not only consistently develop our industrial manufacturing process but also to realize new solutions in logistics and sales. With this new component, Salzgitter Mannesmann Stahlhandel is rigorously implementing its digitalization strategy within the context of e-WORLD,' says Volker Schult, Chairman of the Management Board of Salzgitter Mannesmann Stahlhandel and member of the Group Management Board. 'We provide our customers and ourselves with competitive advantages by advancing digitalization. Security and data integrity are a fundamental prerequisite in the process.'

e-WORLD consists of various components that are customized to meet the respective requirements and size of the customers' companies. Digital options range from online procurement with access to all the warehouses of the stock holding steel trade right through to just-in-time networks with automotive suppliers' logistic chains.

You will find e-AUCTION online at www.e-auction-steel.com
e-AUCTION in simple terms: to the explanatory film (currently only available in German language)