Masscorp has created a topmost place for itself in the distribution of raw materials to the steel production units around the globe. We trade and distribute raw materials - such as coke, pig iron and scrap - that are used in the steel production process. . We specialize in steel trading and service the entire steel supply chain. We also finance for steel making equipment and working capital for mills with business planning consultation and project management. Along with steel trading we also provide price risk management service.


Masscorp stands out as the leader among the steel exporters in India. The company also ships steel products, break bulk, also acts as wholesale stockist managing inland distribution. The goods traded include long, flat, tubular and semi finished products with specialized products such as construction steel, steel scrap and other steel products for the oil and gas industry.


Masscorp also acts as an intermediary between the producers and purchasers offering a range of value added services. For the producers of steel, the company offers cost effective, logistics and financial services to secure customer business in the international markets. For the purchasers of steel, we offer a reliable and flexible sourcing channel with financial support. The value added services include the off take arrangements, derivative trading, shipping, inspection, breaking bulk port, clearing good through customs, handling complex VAT regulations and organizing inland transport and intermediate stocking.


Masscorp's role as trading intermediary can take one of two forms principal or mediator. When acting as a principal in the business the profit is achieved by including a small margin for ourselves between the sales prices and purchasing costs while confirming the contract we take credit risk and invoice the buyers. When acting as a mediator the supplier invoices the buyer directly and we make profit by way of commission or fee from the steel producers. We ensure that high quality marketing services are offered to the steel producers whether we act as a principal or mediator.


The major products traded by Masscorp include coal, coke, pig iron, iron ore, direct reduced iron (DRI), Hot Briquetted Iron (HBI), Ferro alloys, steel scrap.

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.
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.
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.



Ferro Alloys

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 of steel scrap is generated when steel is cut and formed during the manufacturing of finished products or components. The steel 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.