Bombay Metal Exchange (BME) and TCR - strong association
TCR Engineering with Bombay Metal Exchange (BME) opened a sample collection centre
Who We Are
Mumbai Metal Market: the TCR-BME Sample Collection Centre
TCR began on these streets. V.K. Bafna walked the metal market with a bag, collecting samples from traders who had no laboratory of their own. Fifty-three years later the bag is a collection centre inside BME House.
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Overview
TCR Engineering's Mumbai Metal Market office is at BME House, 88/90 Kika Street, 2nd Floor, Room 18, Gulalwadi, Mumbai 400 004. Opened with the Bombay Metal Exchange, it is a sample collection centre serving over 3,000 BME members and over 1,800 MASSMA members: traders, dealers, indenters, brokers, importers and manufacturers.
The two associations served from this address
TCR Engineering is the testing partner to two Mumbai trade bodies: the Bombay Metal Exchange, the apex body of India's non-ferrous metals trade, and MASSMA, the Metal and Stainless Steel Merchant's Association. Between them they represent more than 4,800 member firms across carbon steel, stainless steel and non-ferrous alloys.
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Bombay Metal Exchange (BME)
The apex body of India's non-ferrous metals trade and industry, in the heart of Asia's largest non-ferrous metals market. Its membership spans trade, industry, importers, small, medium and large industrial units, dealers, indenters and brokers across the country, and it speaks for the sector to state and central government. Bombay Metal Exchange Limited was incorporated on 2 July 1955 and its mark carries the date 1933; it is now also known as Bharat Metal Exchange Ltd. In June 2026 it signed a memorandum of understanding with the National Stock Exchange of India to develop non-ferrous metal derivatives and hedging tools for the sector.
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MASSMA
The Metal and Stainless Steel Merchant's Association, established in 1982 and headquartered at 75/77 Nanubhai Desai Road, Neo Ornate Tower, 3rd Floor, Mumbai 400 004. It represents over 1,800 manufacturers, traders, importers and exporters of carbon steel, stainless steel and metal alloys, and exists to develop the stainless steel and metal industry in Mumbai and to resolve the trade's issues with one voice.
What the centre does
The centre receives samples in the market itself, so a trader does not lose a day carrying a coupon to Navi Mumbai. Samples are logged at BME House and carried to the accredited laboratory at Mahape, where the testing, the technical review and the signature are performed under NABL certificate NABLT0726MH18640.
- Sample collection in the market: a dedicated facility inside BME House for the Mumbai metal trading community, open to BME and MASSMA members.
- Grade verification and chemistry: chemical analysis and positive material identification on non-ferrous, stainless and carbon steel consignments, to the specification the contract names.
- Mechanical properties: mechanical testing where a buyer, an insurer or a customs authority asks for more than composition.
- An exclusive partnership arrangement: both associations hold a partnership budget with TCR that carries special member rates, a dedicated collection facility and a named point of contact. It is an arrangement with the associations, not a discount schedule published to the market.
- Assaying: TCR Engineering is a BSE and NSE approved assayer, which is the standing a settlement or a bank facility asks for.
It is a collection centre, not an accredited laboratory. Accreditation is site-specific. This address claims none; the certificate that covers the work belongs to Mahape.
Where TCR began
TCR Engineering's foundations are in this market. Before there was a laboratory at Mahape, V.K. Bafna walked the metal market with a bag, collecting samples from traders who had no way of testing what they were buying and selling. That is how the company started in 1973, and a substantial share of the group's 6,500-plus clients trace back to those streets.
The company has not forgotten it. The presence at BME House is not a satellite office opened for coverage; it is the address TCR came from, kept because the traders who made the company are still trading there. Fifty years of that relationship is recorded in the archive and in the company's own history.
Training the trading community
TCR runs seminars for BME and MASSMA members and opens its technical library and training facilities to them, including to the next generation entering their family businesses. The subject is always the same one: how to read a test report, and what it does and does not certify.
A trader who cannot read a certificate is exposed twice, once to the consignment and once to the claim that follows it. Teaching the market to read a report is not marketing; it is what makes a report worth commissioning. Accreditation, scope and the decision rule are part of that teaching, because a number without a method and an uncertainty is not evidence.
Address and telephone
The same string carried on Contact and on Locations.
- Address: TCR-BME Metal Market office, BME House, 88/90 Kika Street, 2nd Floor, Room 18, Gulalwadi, Mumbai 400 004, Maharashtra, India
- Telephone: +91-9699210864, +91-9920011298, +91-9820008656 and +91-8779216510
- Email: sales@tcreng.com
- Office hours: Monday to Friday 09:00 to 17:30, and Saturday 09:00 to 13:00. Samples are accepted outside those hours by prior arrangement.
- On the map: BME House, Gulalwadi, on Google Maps
In the Insights archive
The opening of the collection centre with the Bombay Metal Exchange is recorded in the archive, with the address, the membership it serves and what the arrangement carries.
Documents
Download the reference documents for this page. Every file is hosted on this domain and is also listed in the site document library.
Frequently asked questions
Where is TCR's Mumbai metal market office?
At BME House, 88/90 Kika Street, 2nd Floor, Room 18, Gulalwadi, Mumbai 400 004, Maharashtra, in the heart of Mumbai's non-ferrous metal market. Telephone +91-9699210864, +91-9920011298, +91-9820008656 or +91-8779216510.
Who can use the TCR-BME sample collection centre?
Members of the Bombay Metal Exchange and members of MASSMA, the Metal and Stainless Steel Merchant's Association: traders, dealers, indenters, brokers, importers, exporters and manufacturers. Both associations hold an exclusive partnership arrangement with TCR that carries special member rates and a dedicated collection facility.
Is testing performed at the metal market office?
No. The centre receives samples and handles client coordination. Testing is performed at TCR Engineering's NABL ISO/IEC 17025:2017 accredited laboratory at Mahape, Navi Mumbai, under certificate NABLT0726MH18640. Accreditation is site-specific and this address claims none.
What is tested for the metal trading community?
Chemical composition and grade verification on non-ferrous and stainless alloys, positive material identification, mechanical properties, and the certification a buyer, an insurer or a customs authority will accept. TCR is also a BSE and NSE approved assayer.
Does TCR train members of the trading community?
Yes. TCR runs seminars for BME and MASSMA members, including the next generation entering their family businesses, and opens its technical library and training facilities to them. The subject is the same one every time: how to read a test report and what it does and does not certify.
What is TCR's connection to the Mumbai metal market?
TCR began here. V.K. Bafna, who founded the company in 1973, walked this market with a bag collecting samples from traders. The centre at BME House is on the same streets, and a substantial share of TCR's 6,500-plus clients trace back to them.