MSTC – Metal Scrap Trade Corporation

MSTC – Metal Scrap Trade Corporation – एमएसटीसी

MSTC has been monitoring the international as well as domestic trading activities in India for more than 50 years. It works under the Ministry of Steel. If you want to know about MSTC e-auction services and e-procurement services, read the complete article.

MSTC’s E-Auction Services

MSTC sells obsolete spares and stores, capital equipment worth Rs 2,000 crore on a daily basis. It also sells coal from Coal India Ltd’s several coal subsidiaries. It has been selling diamonds on NMDC’s behalf.

If you are a purchaser of old/ scrap/ surplus spares or stores or capital equipment or diamonds or coal, you need to complete your MSTC login at first with them as a potential buyer. At present, it has also been conducting e-auction of Iron Ore and Manganese Ore.

MSTC’s E-Procurement Services

E-procurement offers user-amiable e-commerce technology for simplifying and streamlining the buying process and integrating buyer as well as business processes of suppliers. This efficient process eliminates the requirement of human intervention and paperwork, thereby reducing the chances of irregularities. It makes the system completely transparent.

Based on the needs of buyers, it offers 4 types of e-procurement services at present:

• E-tender- Buyers will be able to decide the vendor’s eligibility.
• E-tender with several bids- Before the price bid closes, vendors can revise the price bid.
• Reverse e-auction with quantity as well as price bidding
• Reverse e-auction based on price bidding which is the opposite of the forward e-auction procedure.

Visit the official e-commerce site to know more about its services.

Delhi MSTC Contact Details:
Phone Number: 01123212357, 01123215163, 01123217850
Email Id: mstcnro@mstcindia.co.in

For more contact numbers of your region follow the below link and you will find the mailing and contact details of your nearest office. Visit: http://www.mstcindia.co.in/Contact

MSTC Website: http://www.mstcindia.co.in
General eAuction Registration: http://www.mstcecommerce.com/commonregister.jsp
Coal Spot e Auction Registration: http://www.mstcecommerce.com/coalauctionhome
MLCL Registration: http://www.mstcecommerce.com/auctionhome/Layouts