Banksteel.com

What Banksteel.com does

Banksteel.com, formally Shanghai Gangyin E-Commerce Co., Ltd. (Shanghai Gangyin), operates one of China's established B2B steel industry e-commerce platforms, founded in 2008 and headquartered in Baoshan District, Shanghai. The platform was listed on China's New Third Board (NEEQ) in December 2015 under stock code 835092 and is a subsidiary of Shanghai Ganglian E-Commerce Co., Ltd. (Shanghai Ganglian). It built an integrated ecosystem spanning six transaction channels — Spot Supermarket for direct trading, Matching Mall for broker-facilitated deals, Steel Mill Auctions, Pricing Mall for futures-linked orders, Terminal Direct Procurement, and Supply Chain Services — augmented by real-time market intelligence (Gangyin Data covering 38 cities), a mobile app (Gangyin Assistant), SaaS products (Gangyin Cloud), warehousing and processing services, the BCS enterprise credit system, and Jiyun Logistics, a wholly-owned fourth-party logistics subsidiary.

The technology stack combines a B2B steel full-industry-chain smart service platform with data information, transaction settlement, supply chain products, warehousing and processing, logistics, and SaaS modules. Notable technology components include real-time transaction data feeds refreshing within three seconds, a BCS credit system jointly developed with commerce authorities, cloud warehousing and IoT partnerships with Ganglian IoT, and multimodal logistics routing across Jiyun's network of more than 1,200 logistics partners, 2,200+ vessels, 240,000+ vehicles, and 30,000+ transport lanes.

The business model derives revenue from transaction fees on spot sales, matching commissions, supply chain finance products (Ren Ni Hua credit sale, Bang Ni Cai procurement assistance, Ding Dan Rong order financing), logistics fees through Jiyun, and SaaS subscriptions via Gangyin Cloud. Pricing for spot transactions is market-based and transparent by spec/grade/mill, while supply chain finance pricing depends on credit period and amount and is not publicly disclosed. Customer segments span steel mills (Nanjing Iron and Steel, Jiujiang Panggang, Zhongtian Iron and Steel, Shagang, Rizhao Iron and Steel, Angang, Bengang, Baosteel), steel traders, end-user construction and manufacturing firms, logistics carriers, and financial institutions (CCB Baoshan Branch, BoC Shanghai Baoshan Branch, Guangzhou Commodity Clearing Center). Distribution is omnichannel: online platform direct sales supported by inside-sales self-service workflows on web and Gangyin Assistant mobile app, with field sales for terminal procurement and enterprise onboarding.

Name

Banksteel.com

Legal name

上海钢银电子商务股份有限公司

Website

https://banksteel.com

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Banksteel.com (Shanghai Gangyin E-Commerce) operates a B2B steel e-commerce and supply chain services platform connecting steel mills, traders, end users, logistics providers, and partner banks across 38 Chinese cities, offering spot trading, auctions, supply chain finance, SaaS, and fourth-party logistics.

Ownership category

akta.pro rank

Product category

B2B Industrial Steel E-commerce

NAICS

Sales Financing (52222), Sales Financing (522220)

SIC

Wholesale-Metals Service Centers & Offices (5051), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

B2B Marketplaces & Wholesale Platforms (BPAMAGAD)

akta.pro secondary industries

Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC), B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

Keywords

• B2B steel trading
• Steel e-commerce
• Supply chain finance
• Industrial metals marketplace
• Steel logistics platform

Headquarters

HQ city

Baoshan

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. 寄售交易服务费: 通过现货超市模式，平台为卖家提供挂牌、交易、结算服务，收取交易服务费。商家入驻需通过资质审核，平台提供资金结算服务。
2. 撮合交易服务: 撮合商城模式下，商家挂牌资源，买家自主选购下单，平台提供信息撮合服务，交易双方自行办理交收、结算、开票事宜。
3. 供应链金融服务: 提供任你花（赊销/配送）、帮你采、订单融等供应链产品，通过与银行等金融机构合作，解决产业链客户账期及货物需求，平台提供担保及风控服务。
4. 物流服务: 及韵物流提供钢材陆运、水运及多式联运物流解决方案，通过运费折让、车辆服务等获取收入。

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Banksteel.com (钢银电商) operates a B2B e-commerce platform for the steel industry, providing six transaction channels (spot supermarket, matching marketplace, steel mill auctions, pricing exchange, terminal direct procurement, and engineering distribution) along with supply chain financial products (帮你采 / 任你花 / 订单融), real-time steel transaction data, and integrated logistics and processing services. The platform connects steel mills, traders, and end-users across China to enable standardized online steel trading, settlement, and ancillary services.

Product overview

Shanghai Gangyin E-Commerce Co., Ltd. operates a comprehensive B2B steel trading platform ecosystem comprising six core transaction channels: 现货超市 (Spot Supermarket) for direct trading, 撮合商城 (Matching Mall) for broker-facilitated deals, 钢厂竞拍 (Steel Mill Auctions) for competitive bidding, 点价商城 (Pricing Exchange) for futures-linked pricing, 终端直采 (Direct Terminal Procurement), and 供应链服务 (Supply Chain Services) featuring three products - 帮你采 (procurement assistance), 任你花 (credit sales), and 订单融 (order financing). The platform is complemented by value-added services including 钢银数据 (real-time market intelligence), 钢银助手 (mobile app), 钢银云 (SaaS solutions), 及韵物流 (logistics), and 加工服务 (processing), creating an integrated one-stop ecosystem for the steel industry value chain.

Differentiator

Problem solved

Functional benefit

Brands

• 钢银数据: Real-time steel transaction data service covering 38 cities and mainstream steel varieties with intelligent data applications
• 帮你采
• 任你花
• 订单融
• 及韵物流
• 钢银科技
• 钢银云

Products and services

• Spot Supermarket (现货超市)

Quantifiable outcome

• 平台日交易量突破17万吨
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• 欧冶供应链coreStrategic or Co-development Partner · 22 June 2026钢银电商与欧冶供应链签署合作协议，双方将发挥各自优势，在钢铁供应链服务领域开展深度合作，共同推动钢铁产业数字化升级。
• 钢联物联网coreStrategic or Co-development Partner与钢联物联网等第三方仓储平台战略合作，依托云仓储和物联网应用技术，面向大宗商品的仓储、加工等环节，开展货物资源整合，实现仓储监管网络化、仓储管理智能化。
• 中国储运coreStrategic or Co-development Partner与中国储运建立战略合作关系，开展仓储加工服务，为用户提供一体化、智能化仓储加工服务。
• 上海钢联宝网络科技有限公司coreTechnology or Integration上海钢联旗下公司，计划从事支付结算服务，正在向中国人民银行申请《支付业务许可证》，打造支付结算平台。
• 欧浦智网coreStrategic or Co-development Partner与欧浦智网签署战略合作协议，完善区域性物流配送服务布局，实现线上下单、一票结算。
• 上海市交通委员会minorStrategic or Co-development Partner2025年上海市交通委携手及韵物流等优秀物流企业，推动上海市交通物流行业可信数据空间和联盟的建设，共同研发数据产品。
• 宝钢东方在线minorStrategic or Co-development Partner与宝钢东方在线联手搭建动产质押信息平台，对货物仓储进行信息跟踪，与银监部门合作为银行放贷提供可靠信息支撑。
• 东华大学minorStrategic or Co-development Partner东华大学携手上海钢联建立"产学研联合培养基地"，开展人才培养和技术合作。

Scale indicators16 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Zhaogang.com (找钢网): One of the largest B2B steel e-commerce platforms in China, operating spot trading, supply chain finance, and logistics services. Direct competitor with overlapping customer base of traders, mills, and end-users.
• Lgmi.com (兰格钢铁网): Beijing-based steel information and e-commerce platform combining market data, price indices, and trading services. Overlaps with Banksteel in data provision and B2B steel trading.
• Xiben New e-Dry Line (西本新干线): Shanghai-based B2B steel e-commerce and information platform offering spot trading, supply chain services, and market data. Comparable operating model and customer segments.
• Ouyeel (欧冶云商): B2B steel e-commerce platform backed by China Baowu Steel Group, offering trading, logistics, warehousing, and supply chain finance. Vertically integrated competitor with strong mill-side relationships.
• Zhonggang Steel (中钢网): Henan-based B2B steel e-commerce platform providing online trading, price information, and supply chain services to steel mills, traders, and end-users. Comparable in scope and target customer base.

Broad incumbents

• JD.com Industrial (京东工业品): JD's B2B industrial supply chain platform serving enterprise procurement across MRO and raw materials including metals. Comparable as a B2B supply chain platform targeting industrial buyers, though broader than steel.
• HC360 (慧聪网): Long-standing Chinese B2B e-commerce platform across multiple industrial categories; an early investor in Banksteel. Comparable as a broad B2B marketplace operator with industrial focus.
• Shanghai Ganglian (上海钢联): Listed parent company (Shenzhen Stock Exchange) and operator of Mysteel, the dominant Chinese steel information and data platform. Provides market intelligence that complements and feeds Banksteel's trading platform.
• Alibaba 1688: Alibaba's domestic B2B wholesale marketplace covering a wide range of industrial commodities including steel. Indirect competitor for SME buyers and as a generalist B2B platform.

Emerging players

• Jincheng Logistics (金诚物流): Steel-focused logistics platform offering nationwide transportation and warehousing services. Comparable as a vertical logistics enabler for the steel industry, overlapping with Banksteel's Jiyun subsidiary.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banksteel.com