This Division largely undertakes import and export of carbon steel melting scrap, finished steel/coal/coke as also other nontraditional items like SKO, Naptha etc. The total volume of business in the fiscal 2010-2011 was around Rs. 5933.02 Crore, out of which Procurement of Imported materials is of Rs. 2580.77 Crore and Procurement of Indigenous materials is of 3352.25 Crore. MSTC with its network of 10 offices all over India, and its policy of operating on a very small margin is in a unique position to help international commodity traders, establishes a market and clientele on a long term basis. With its experience and expertise in foreign trade, it is also in a position to help Indian user of imported raw material to procure such material on a sustained basis with most economic prices. This group looks after sourcing, purchase and sales of industrial raw materials like HMS, LAM Coke, HR Coil, Naphtha etc on behalf of organizations like Essar Steels, Ispat Industries, HPL, DPL etc. both from international and domestic markets. In addition, a beginning has been made in export, first with castor oil and then with iron ore.
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