MSTC Limited

MSTC Limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India. The company was established on 9 September 1964 as a regulatory authority for the export of iron scrap. The Government of India holds a 64.75% stake in the company. It was until 1992 a canalizing agency for the import of iron scrap and dismantling of old ships.