MSTC,a Government of India Company is engaged in domestic and international trading activity for over 30 years. It is the canalising agency for import in India of Carbon Steel Metling Scrap and also Sponge Iron/Hot Briquetted Iron and Re-rollable Scarp till February,1992. It is also the canalising agency for old ships for breaking.

The Company's Foreign Trade Division largely undertook import and export of Carbon Steel Melting Scrap and now enlarging its import activity in Steel/Coal/Coke as also other non-traditional items like SKO,Non-ferro and Ferro-alloy items. It is also planning to import ferro alloys and import of input items of integrated steel plants and IF/EAF units.

As part of diversification MSTC continued its efforts to venture into marketing of finished steel during 2000-01 from integrated steel plants. It also broadened its footprint operations into into MOU with KISCO for disposal of Pig Iron in domestic market.

The company has started action for creating an e-auction portal which would facilitate participation of both sellers and buyers through electronic mode. The portal is likely to be formally introduced commercially in the fag end of 2001-02.