MSTC renders service to various e-commerce sectors, including e-auction, e-procurement, high sea sales, e-sales, and retail software. MSTC recently developed software to conduct online draw for new LPG distribution ship scheme which was conducted by state run oil marketing companies all over India. MSTC is also in the process[as of?] of developing an online portal on behalf of the government for selling state-owned entities through an English auction system.
The company has its head office in Kolkata, West Bengal; four regional offices in Kolkata, Delhi, Mumbai and Chennai; and branch offices in Chandigarh, Jaipur, Vadodara, Bhopal, Bhubaneswar, Guwahati, Bangalore, Lucknow, Ranchi, Raipur, Vizag, Trivandrum and Hyderabad. MSTC has recently[when?] opened two new site office at Patna and Dehradun. It also has a subsidiary PSU company, FSNL (Ferro Scrap Nigam Limited).
1964 - incorporated as a regulatory body for export of scrap
The company is under the administrative control of Ministry of Steel, Govt. of India. Currently 64.75% share of the company is held by Govt. of India.
CERO is a joint venture of MSTC Ltd. and Mahindra Accelo. This Joint Venture company has set up the first auto shredding plant in India for recycling end of life vehicles and other white goods by converting these into shredded scrap which is a vital raw material of secondary steel plants, located in Greater Noida, New Delhi.
Kolkata Best Employer Brand Awards 2017 by Employer Branding Institute, India
^Jacob, Shine (28 December 2017). "LPG dealership expansion gains pace". Business Standard. Retrieved 30 May 2019.
^Majumder, Arindam (7 May 2018). "E-bidding: Govt to explore English auction system for disinvestment". Business Standard India – via Business Standard.