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All these exchanges saw a huge business potential in terms of volume and profits in bringing buyers and sellers together on a common platform. E-business was the magic word on everybody's mouth. But with time people saw that like their dotcom counterparts, the online trading sites were also going bankrupt. The major reasons identified were lack of globalisation, lack of properly trained personals, hefty transactions fees, lack of transparency and also the lack of any valued added services. This paper examines the impact of e-business in metals trading and what is needed to improve the Online trading in Metals, thereby addressing the shortcoming in the present e-business model and their possible remedies...
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