The recycling industry is ready for a disruption. You aren't optimizing every transaction.
Here is why:
Material quality is not standardized or preditable. Buyers have to hedge their bets and wont give top dollar.
Prices are based off of futures markets. These markets can be volatile so market timing is near impossible.
Sellers ship at their discrestion and may misrepresent product. Buyers may take unneccesary deductions or downgrades.
Comparing options is not easy or fast. Who? When? Picked Up? Delivered? Prepared? Unprepared? Too many variables to eaily compare.
For all of these reasons, markets tend to be localized. How do buyers get the best material? How do sellers get everyone to see their top shelf metal?
2 fully managed locations
+7.3M LBs transacted
Helped negotiate warehousing
1 fully managed location
+230k LBs transacted
Remote Location: +1Hr away
1 fully managed location
+333k LBs transacted
Oversized/Weight Equipment
1 fully managed location
500k LBs of NF transacted
Wholesale/Engineering implmented
2 fully managed location
1.06M LBs transacted
Shredders & Export
1 fully managed locations
60k LBs/week transacted
Looking for new business
Verified Metals is awesome! Scrap was always a headache for us. We spent too much time managing and justifying our vendors. We never knew if we were getting the best price: now we do!Fully Managed Site, Supply Chain Director
Impressive material. Reliabile deliveries. Verified Metals provides a consistent source of top quality scrap. We know exactly what we are getting. No surprises.Recycler, Buyer
As a platform, Verified Metals helps our sales team manage our customers. Our customers feel engaged and heard which is especially hard in this time of social distacing.Recycler, Platform User
$0 /month*
No fees!
$100 /month
50% of the net profit
$399 /month
< 30% of the net profit