MSTC has entered into a Memorandum of Understanding (MoU) with Burn Standard for e-Auction services for sale of movable assets and immovable assets. The agreement shall remain valid up to March 31, 2021 until it is terminated by either party by giving three months notice.
MSTC is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.