Malda to Asansol — 50T HMS 1 in 48 Hours
Bridging the Distance: A Seamless Trade Story between North and South Bengal
In the traditional scrap market, a deal between a yard in Malda and a foundry in Asansol would usually involve at least two brokers, three days of price haggling, and a week of payment uncertainty.
Here is how LohaLink turned that complex journey into a 48-hour success story.
The Players
The Seller: A GST-verified yard owner in Malda looking to reach buyers beyond his local district to get a fair market rate.
The Buyer: A sourcing manager for a steel foundry in Asansol needing a consistent, high-quality supply of Heavy Melting Scrap (HMS 1) to keep production lines running.
Step 1: The 60-Second Listing (Malda)
The yard owner in Malda opened the LohaLink Supplier Central app. He snapped a photo of his 50-tonne HMS 1 lot. Our AI Vision tool instantly categorized the scrap, confirming its grade.
He dropped a GPS pin, set his price based on the AI Price Benchmark, and hit "List."
Step 2: Instant Discovery (Asansol)
Over 200 kilometers away, the Procurement Manager in Asansol was browsing the Foundry Connect portal. He filtered for "HMS 1" within a specific radius and saw the Malda lot.
He could see the photo-verified quality and the seller's "GST-Verified" badge. No phone calls were needed to verify if the seller was legitimate.
Step 3: The Digital Handshake & Escrow
The buyer liked the price and the quality. With one click, he placed the order. To secure the deal, the foundry's finance team locked the funds in LohaLink's RBI-grade nodal escrow.
For the Malda Seller: He received an instant notification that his payment was secured. He could load the trucks with 100% confidence that the money was already "in the system."
For the Asansol Buyer: He knew his money wouldn't be touched until the trucks actually reached his gate.
Step 4: Transparent Fulfillment
The trucks were dispatched from Malda. Through LohaLink's integrated logistics, the buyer in Asansol tracked the trucks in real-time. Upon arrival, the digital weighbridge slips were uploaded to the platform.
The Result: Settlement in Hours, Not Weeks
Once the weighbridge data was confirmed by both parties, the escrow funds were released. The yard owner in Malda received his payment the very same evening — a process that used to take 15+ days through traditional channels.
The LohaLink Difference: Zero Brokerage (no hidden middleman tax). Zero Quality Disputes (AI-photo verification meant what was seen in Malda was exactly what arrived in Asansol). Zero Payment Risk (escrow protected both buyer capital and seller cash flow).
Ready to write your own success story? Whether you are buying or selling, join the network that is making the Indian metal trade faster, safer, and better. Metal Linked.