SteelHome and SteelGuru announced that they have signed a MoU for bilateral cooperation for sharing information and resources in the areas of steel, metals and raw materials.
The MoU was signed in August 2011 in Shanghai by Mr Wu Wenzhang president of Shanghai SteelHome and Mr Nishith Sharma founder of SteelGuru.
The MoU covers cooperation in information sharing including prices, partnering & supporting events, research and other areas.
Mr Wenzhang said that “We are very happy to cooperate with SteelGuru, as like SteelHome in China, it is considered to be most popular source of steel sector information in India. We are sure that by pooling our resources, we would be able to improve our services for our clients. Chinese steel sector players including technology suppliers can contribute a lot to the growth of steel industry in India and we plan to leverage it through this cooperation.”
Mr Sharma added that “Chinese and Indian steel sector, put together, are pivotal for global steel industry and thus combined strength & resources of SteelHome and SteelGuru would help both companies to improve their level of services. In addition, Indian steel players would be able to utilize the extensive research facilities of SteelHome, to learn for Chinese experiences.”
Shanghai SteelHome Information Technology Co Ltd was established in August 2004 and during a span of 7 years, it has become one of the most reliable and popular steel portals in China. In addition to steel and raw material sector news and price monitoring on daily basis, SteelHome is also known worldwide for its sector specific reports and also for conducting single client studies.
SteelGuru, world’s most popular English based portal in the arena of steel, metals and mining, was brought into existence in 2005 as an attempt to create a distinctive place to help individuals and companies in the business of steel and allied materials to do better by utilizing information. SteelGuru has achieved this goal partially by attracting more than 4 million page hits per month. It’s pricing services in India, Europe and Middle East are considered as one of the most reliable and accurate sources by many.