Copper
Old cable, manufacturing offcuts, transformer windings, busbars, motors.
$100k to $10M+ annually
A private bidding desk for industrial sellers.
Your scrap is worth more than your recycler pays.
We sell your industrial scrap and secondary metals through a private, competitive bid. We find the highest bidder among buyers who purchase in bulk, then handle the grading, paperwork, pickup, and payment.
$435B
Global scrap metal market
$184B
U.S. recycled materials industry
720M t
Ferrous scrap recycled annually
30000+
Recycling companies worldwide
01 / The Premium
The highest bid is rarely the public one.
Most industrial material is sold to a single local buyer, or listed on a marketplace where the price falls to the floor. We do the opposite. We put your material in front of large buyers who buy in bulk, and make them compete until the highest bid wins.
Public listing
Priced to the floor
Private competition
The highest bid wins
01
Private demand
We sell to vetted buyers who buy in bulk and pay a premium for clean, steady supply.
02
Competition on every load
Multiple qualified buyers bid against each other. The highest offer wins, not the most convenient one.
03
Fully confidential
Your material is never listed in public. Nothing signals to competitors or to your incumbent buyer.
02 / The Benchmark
You do not need another marketplace. You need someone running the bid.
Most factories already have a recycler. The question is not whether you can sell your scrap. It is whether you are being paid what it is worth. We run a private, competitive bid against your current price. Quietly. Without forcing you to switch.
Keep your recycler if they are best. Either way, you walk away with proof, and leverage.
The simplest way to see it
Posting scrap on a marketplace is listing your car online and hoping. We are the person who knows the buyers, calls ten of them, makes them compete, and hands you the best offer.
Your recycler current
$0.62 / lb
Buyer A
$0.68 / lb
Buyer C faster pickup
$0.70 / lb
Buyer B best bid
$0.72 / lb
Same material. $0.10 a pound between the buyer you have and the buyer who wants it most.
+$0.10 / lb × 80,000 lb / mo = +$8,000 / mo
+$96,000
Recovered every year, on one stream, from one ten-cent gap.
Before
One buyer. They set the price, because you cannot see the rest of the market.
After
Buyers compete for your material. You set the terms, with the numbers in hand.
03 / The Problem
Most industrial scrap is sold on autopilot.
How it works today
- Material sold to one local buyer, chosen years ago.
- No benchmark against the wider market.
- No competition on price or terms.
- No reporting that finance or compliance can use.
What that costs
- Pricing that drifts quietly below market.
- Pickup that slips and stalls production space.
- Documentation that does not exist when audited.
- Value that leaks out of the business every month.
When we benchmark a seller, we almost always find the same thing. They were being paid too little, and they had no way to know it.
What your one buyer pays
What buyers pay when they compete
+30%Up to 30% more revenue, for the exact same scrap.
Scrap prices vary by 10 to 30% between buyers in the same market. The U.S. scrap industry is so fragmented that no single buyer holds more than 5% of it, and competitive bidding consistently improves prices by 5 to 20%.
Sources: industry scrap pricing data; IBISWorld; Aberdeen Group reverse-auction research.
04 / The ELO Model
We do the work, not just the introduction.
The value is not one buyer introduction. It is competitive bidding, grading, paperwork, pickup, and payment, handled for you and repeated every month.
- 01
Material profiled
Type, grade, weight, location, packaging, contamination, photos, and current pricing.
- 02
Blind profile to qualified buyers
Your identity and location stay hidden until a buyer signs an NDA.
- 03
Buyers compete
Qualified buyers bid on grade, metal value, freight, processing cost, and payment terms.
- 04
Deal closes, in writing
Every load documented: grade, weight, price formula, pickup, payment terms, and fee.
- 05
Reporting and benchmarking
Monthly price benchmarks, bid history, pickup tracking, and payment performance.
- 06
It repeats every month
The same process runs on your next load, and across your other sites and materials.
05 / Material Streams
Whatever your plant produces, we put it to the bid.
From copper to factory offcuts. Each card shows what a year of that stream is typically worth.
Aluminum
Extrusion scrap, frames, machining chips, aerospace and auto offcuts.
$100k to $10M+ annually
Ferrous
Demolition steel, machinery, beams, structural and factory offcuts.
$100k to $20M+ annually
Stainless and Nickel Alloy
Refinery and chemical equipment, aerospace alloys, high nickel grades.
$250k to $10M+ annually
Factory Production Scrap
Recurring offcuts, trimmings, rejects, stamping and cable scrap.
$250k to $50M+ annually
Motors, Transformers, Equipment
Electric motors, transformers, switchgear, pumps, plant machinery.
$100k to $5M+ per project
Specialist streams. Certified partners only.
- E-waste and circuit boards
- Lithium-ion and black mass
- Lead-acid batteries
06 / Why Not a Marketplace
A marketplace lists your material. We sell it for more.
A marketplace helps people find each other. It does not handle the eight things that decide how much you actually get paid.
01
Grade
Marketplace
You post "copper scrap." Buyers cannot price that.
ELO
We write a precise material profile, so serious buyers bid real numbers.
02
Buyer trust
Marketplace
Buyers wade through fake, tiny, and contaminated listings.
ELO
We filter the junk. Buyers see only real, documented material.
03
Confidentiality
Marketplace
Your facility, volume, and current buyer all go public.
ELO
A blind profile. Your identity stays private until an NDA is signed.
04
Logistics
Marketplace
A match, with no bins, no routes, no reliable pickup.
ELO
We weigh the whole deal: price, pickup, bins, and payment speed.
05
Pricing formula
Marketplace
Quotes you cannot compare. Index minus what, after which deductions?
ELO
We turn every bid into one comparable number, after freight and deductions.
06
Your current recycler
Marketplace
Useless once you already have a buyer.
ELO
We benchmark the recycler you have, without forcing a switch.
07
Recurring streams
Marketplace
Built for one-off piles.
ELO
We keep the monthly stream competitive, and rebid it on a schedule.
08
Getting cut out
Marketplace
Reveal the buyer and you can be bypassed.
ELO
We hide your identity until a buyer signs, and we are paid even if they try to deal direct later.
And the fee.
A marketplace takes 5 to 13 percent of a public price. We charge a low fee on the higher price we get you.
07 / For Sellers
For Sellers
The AI Scrap Audit.
Free, and quiet. Tell us what you produce, who buys it now, and what they pay. Our AI scans the market, finds where you are underpaid, and matches you to the buyers in our network most likely to pay the most. Keep your recycler. Now you have the numbers.
- An AI read of the gap between your price and the market
- A match to the buyers most likely to pay the most
- A private, competitive bid on your material
- No obligation, and no need to switch recyclers
For Buyers
Qualified, recurring material.
Vetted and documented streams, by material and region, before they reach the open market. Access after you sign.
08 / Standards
Nothing moves without your say.
Every safeguard here is built around you: your identity, your ownership, and the buyers you already work with.
- Proof of ownership
- Verified before any material moves. No anonymous lots.
- Certified electronics partners
- R2 and e-Stewards recyclers for data-bearing and electronic assets.
- Hazmat-certified partners
- Licensed logistics and recyclers for battery and regulated streams.
- Confidentiality first
- A signed NDA before we share who you are or where you are.
- Transaction confirmations
- Issued on every load, every month.
- We never touch the material
- We arrange the sale on your behalf. We do not take title to your scrap or handle it ourselves.
09 / Our Team
We have sat on both sides of the trade.
ELO is run by metals and recycling operators who have priced, graded, shipped, and closed industrial material for decades. We know what your material should clear at, and which buyers will pay the most for it.
Behind every account is a private network of qualified buyers, and a team that does the work: profiling the material, running the bids, handling documentation and pickup, and reporting back every month.
Active across the largest U.S. scrap states
Texas Ohio Pennsylvania California Illinois
We focus on the states that produce the most industrial scrap, and place material with qualified buyers nationwide.
$150M+
In material moved by our desk
100+
Years of combined desk experience
180+
Qualified buyers in our network
40+
Recurring seller accounts
AI Scrap Audit
Find out what your scrap is worth. Our AI proves it.
Tell us about your material. Our AI scans the market, finds where you are underpaid, and matches you to buyers in our network who want it. Free, and no obligation.
Direct
audit@elomaterials.groupHow the AI audit works
- 01
We read your material profile: type, grade, volume, and current price.
- 02
Our AI scans current market pricing and finds where you are underpaid.
- 03
It matches your material to the buyers in our network most likely to pay the most.
- 04
You get the numbers, and a private, competitive bid. Keep your recycler if they are best.