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Masscorp’s services span the entire steel supply chain. We trade and distribute raw materials - such as coke, pig iron and scrap - that are used in the steel production process. We finance steel-making equipment and working capital requirements for mills and offer business planning consultancy and project management. We trade steel and offer a price risk management service. We ship steel products, break bulk, act as wholesale stockiest and manage inland distribution. We run stockholding and processing operations, delivering steel products direct to end-user premises.


Masscorp’s core business is steel trading. We act as a trading intermediary between producers and purchasers and provide a range of value-adding services. The goods we trade include long, flat, tubular and semi-finished products. We also trade specialized products such as engineering steels, stainless steels and steel products for the oil & gas industry.


For producers of steel:

Masscorp offers cost-effective marketing, logistical and financial services to secure customer business in overseas markets.


For purchasers of steel:

Masscorp offers a reliable and flexible sourcing channel with financial support.


Masscorp’s international network affords us global scale with a local presence. We hold unsold forward positions and stock in several regions around the world - across a range of steel products - to minimize the long lead time entailed in producing and delivering steel. Added valued services supporting our trading business include off take arrangements, various forms of credit, derivatives trading, shipping, inspection, breaking bulk at port, clearing goods through customs, handling complex VAT regulations and organizing inland transport and intermediate stocking.


Our role as a trading intermediary can take one of two forms: principal or agent. When acting as the principal in the business we confirm the contract, take the credit risk and invoice the buyer - we make a profit by including a small margin for ourselves between the sales price and the purchasing costs. When acting as agent, the supplier invoices the buyer directly and we make a profit by way of a commission or fee from the steel producer. Whether we act as principal or agent, the marketing service offered to the steel producer is the same.

Products Traded:-



Coal is a family name for a variety of solid organic fuels and refers to a range of combustible sedimentary rock materials spanning a continuous quality range. For convenience, this continuous series is divided into four categories: 1) anthracite, 2) bituminous coal (metallurgical coal), 3) sub-bituminous coal, 4) lignite.

Coal is the primary fuel used by integrated iron and steel producers.




A solid carbon based product derived from baking bituminous coal at high temperature to remove volatile constituents.

Metallurgical coke ('met coke') is used as the main fuel in the smelting of iron ore in a blast furnace. The quality of coke has a significant influence on furnace productivity and iron production costs.


Iron Ore

Iron ore is formed of rocks, minerals or meteorites from which metallic iron can be extracted. Typically, the iron is in the form of iron oxide, which varies in color from dark grey, bright yellow and deep purple to rusty red. Iron ore can have up to 65% ferrous content, but is often lower and needs to be refined before use.

Iron ore is the raw material used to make pig iron, which is one of the main raw materials for making steel. 98% of mined iron ore is used to make steel.


Pig Iron

A key intermediate material in the integrated (converter-based) steelmaking process, pig iron is the product of smelting iron ore, coke and limestone in a blast furnace.
US Distribution
Pig Iron is used directly in the manufacture of steel. Merchant pig iron is sometimes used as a substitute for scrap in EAF steelmaking, when there is a need to control residuals.




Direct Reduced Iron (DRI) – or sponge iron – is processed iron ore that is iron-rich enough to be used as a scrap substitute in electric furnace steelmaking. It is made by the reduction (removal of oxygen) of iron oxide (iron ore) at temperatures below the fusion point of iron.
As mini-mills expand their product abilities to sheet steel, they require much higher grades of scrap to approach the quality of output from integrated mills. DRI enables mini-mills to use iron ore without having a blast furnace. It serves as a low residual raw material and alleviates the mini-mills’ dependence on cleaner, higher priced scrap.




Hot Briquetted Iron (HBI) is Direct Reduced Iron that has been processed into briquettes. Instead of using a blast furnace, the oxygen is removed from the ore using natural gas and results in a substance that is 91%–94% iron. Because DRI may spontaneously combust during transportation, HBI is preferred when the metallic material must be stored or moved.
US Distribution
Because of its high iron content and low residual levels, HBI can be used in almost every type of steelmaking operation. It has advantages over steel scrap due to its high bulk density and the very low content of undesirable chemical elements.




Alloys of iron with a high proportion of added elements - such as silicon, nickel, chromium, molybdenum, vanadium and manganese – that are used to improve properties in the production of special steels.




Steel can be recycled almost indefinitely without losing its properties. Obsolete ferrous scrap is derived from steel-containing goods at the end of their useful lives (e.g. a drink can, a 15-year-old car, a 50-year-old building). Revert scrap is steel waste produced and recycled within a steelworks. New production scrap is generated when steel is cut and formed during the manufacturing of finished products or components. The scrap is returned to steelworks and foundries.
Ferrous scrap is mainly used in electric arc furnace steelmaking. About 500 million tonnes of scrap are melted each year.