Global requirements are non-standard as to the technique involved in making, shaping and treating of steel. Although for a number of grades, the mechanical requirements and chemical variations have been standardized. The procedure in making the steel, the furnace used, cleanliness of steel, screening of scrap for radio active materials, still requires a big attention from the global buyers and sellers of steel. ASTM, DIN, ISO,ASME, SAE call for the specific requirements to be met but the art involved in making steel can always be appreciated by the quality of steel produced and the uniformity in the microstructure. The quality of steel produced in the previous decades were always dependent on the country that manufactured it. As the demands in steel industry changed the quality is now not related to the geographic country but totally depends on the specific steel mill / steel plant that the steel was produced. Thus, steellot will be a place for trading quality steel and we rely on our global buyers, sellers, & auditors to identify the individual steel mills that care about quality. Why the name? Though steel is controlled by heat number but the process for shaping, and treating of steel is done in batches which is traced by lot number. To trace an end product completely step by step with individual manufacturing processes we need both heat number and lot number. The name implies that we always care about the traceability of steel.