World’s leading long steel producers Saarstahl AG has selected the digital steel trading platform Vanilla Steel to sell its excess material on. Besides Saarstahl, other subsidiaries of the group will join the innovative platform in order to further improve sales efficiencies and achieve higher margins as well as lower its CO2-footprint by reducing scrap rates. With its choice, Saarstahl wants to further digitise its internal processes and gain first-hand experiences with open B2B-marketplace platforms.Vanilla Steel Co-founder & Chief Commercial Officer Mr Simon Zühlke said “We are very pleased to win Saarstahl as a trusted partner on our platform. Today, 90% of spot steel trading is being done offline including prime and excess steel slow movers, overrollings or declassified material. While using Vanilla Steel, Saarstahl will be able to further expand its market reach, find new customers and decrease inventory costs.”Vanilla Steel is an independent platform for industrial materials. The company is headquartered in Berlin and is managed by its 4 co-founders, Matthias Affeldt, Alexis Ducros, Clifford Ondara & Simon Zühlke. With more than 1,300 registered buyers and 160 suppliers, Vanilla Steel is Europe’s largest independent steel marketplace. In addition to carbon flat and long steel, the company recently started to list stainless steel and aluminium. Every week, 10KT lus are listed, with the majority being prime quality steel. Besides its e-auction tool, the company is currently developing a quotation platform that is planned to launch in Q1 2022.Saarstahl AG is one of the most significant manufacturers of long products in the world. The Saarstahl Group, headquartered in Völklingen, Germany, specialises in the production of wire rod, bar steel, billets and forged products in premium qualities.
World’s leading long steel producers Saarstahl AG has selected the digital steel trading platform Vanilla Steel to sell its excess material on. Besides Saarstahl, other subsidiaries of the group will join the innovative platform in order to further improve sales efficiencies and achieve higher margins as well as lower its CO2-footprint by reducing scrap rates. With its choice, Saarstahl wants to further digitise its internal processes and gain first-hand experiences with open B2B-marketplace platforms.Vanilla Steel Co-founder & Chief Commercial Officer Mr Simon Zühlke said “We are very pleased to win Saarstahl as a trusted partner on our platform. Today, 90% of spot steel trading is being done offline including prime and excess steel slow movers, overrollings or declassified material. While using Vanilla Steel, Saarstahl will be able to further expand its market reach, find new customers and decrease inventory costs.”Vanilla Steel is an independent platform for industrial materials. The company is headquartered in Berlin and is managed by its 4 co-founders, Matthias Affeldt, Alexis Ducros, Clifford Ondara & Simon Zühlke. With more than 1,300 registered buyers and 160 suppliers, Vanilla Steel is Europe’s largest independent steel marketplace. In addition to carbon flat and long steel, the company recently started to list stainless steel and aluminium. Every week, 10KT lus are listed, with the majority being prime quality steel. Besides its e-auction tool, the company is currently developing a quotation platform that is planned to launch in Q1 2022.Saarstahl AG is one of the most significant manufacturers of long products in the world. The Saarstahl Group, headquartered in Völklingen, Germany, specialises in the production of wire rod, bar steel, billets and forged products in premium qualities.
