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Then you need to get in contact with developers and publishers that release their games on Steam and make contracts with them for buying keys for their games. Then you resell those on the website you created and registered as an online store.
All of which cost fees and taxes. Its not as simple as you think.
Would i need to contact each developer individually and make deals with them? I thought I would have to make a deal with steam instead somehow. Also wouldnt i need some sort of credibility as a trusted reseller of cd keys before these guys would even consider making a deal with me?
Did you think you'd be working *for* steam by selling the same game-keys that steam needs to sell directly to make a profit from?
You will firstly need to be a globally registered company. You then need worldwide digital distribution licences for this media. Once you've got that established; you can then market your company and approach developers/publishers and ask them if you can buy bulk stock to distribute on your platform. Unless you are highly established or are willing to pay high-level wholesale rates; don't expect many companies to do business especially as you are a start-up with no established trading history.
All in all; for a legitimate site to start up like this; you'd need an injection of £250,000-400,000 to get going and then a rolling stock inventory and clear cash of £100,000+ on top for further acquisitons and replenishment.