Secondary steel and grades that vary
Material from ship-breaking arrives in grades and conditions that differ load to load, and pricing it as one product is how margin disappears. Each grade as its own item with its own rate and stock is what makes the buying and selling comparison meaningful — and in a trade this thin, knowing what a particular lot actually yielded against what it cost is the whole business.
Weight, weighbridge and the record
Everything here rests on a weight, and a disputed weight is a disputed bill. Recording the weighbridge slip reference with gross, tare and net on both the purchase and the sale is what settles it, and it gives you a running position you can reconcile against the yard rather than a figure nobody can verify.
Rates that move with the market
Steel scrap and secondary material price against a market that changes, and buying today at yesterday's rate is a straight loss. Holding the rate on the item and updating it each morning applies it to every transaction, with per-party rates for the regular buyers who have negotiated terms and recorded overrides so a rate given on the day stays visible.
Both sides of the ledger
A dealer here pays many suppliers and is paid by a smaller number of larger buyers, so payables and receivables both matter and behave differently. Seeing both with their ageing is the real picture — cash going out steadily against money arriving on a buyer's cycle is exactly the squeeze that catches dealers out.
Setup and support
A thirty-minute call covers your details, grades as separate items, parties with opening balances and your bill format. Questions after that go to a phone number, answered in Hindi or English.