Inducto Steel Ltd. engages in the provision of ship breaking services and trading of iron and steel. It operates through the following segments: Trading & Investment; and Ship Breaking & Trading. The Trading and Investment segment offers metal scrap, coals, aluminum foil, and other industrial in outs. The Ship Breaking and Trading segment includes dismantling and breaking of old and used ships. The company was founded on November 29, 1988 and is headquartered in Mumbai, India.