Company Profile

MSTC Limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel Government of India. The company was set up in 1964 to act as a regulating authority for the export of ferrous scrap with an investment of Rs 6 lakh. Government of India, Members of Steel Arc Furnace Association, and members of ISSAI had made with the investment. It became a subsidiary of SAIL in 1974. In 1982, it got delinked from SAIL and became an independent company under the Ministry of Steel. It was a canalizing agency for the import of ferrous scrap till 1992.

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