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ELO

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.

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 current 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.

One aluminum stream. Four real bids. 80,000 lb / month
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.

What ten cents is worth
+$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.

The same scrap, two buyers

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.

  1. 01

    Material profiled

    Type, grade, weight, location, packaging, contamination, photos, and current pricing.

  2. 02

    Blind profile to qualified buyers

    Your identity and location stay hidden until a buyer signs an NDA.

  3. 03

    Buyers compete

    Qualified buyers bid on grade, metal value, freight, processing cost, and payment terms.

  4. 04

    Deal closes, in writing

    Every load documented: grade, weight, price formula, pickup, payment terms, and fee.

  5. 05

    Reporting and benchmarking

    Monthly price benchmarks, bid history, pickup tracking, and payment performance.

  6. 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.

Copper

Old cable, manufacturing offcuts, transformer windings, busbars, motors.

$100k to $10M+ annually

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 Scrap Revenue Audit.

Free, and quiet. Send us what you produce, who buys it now, and what they pay. We put it to our private buyer network, run them against each other, and show you exactly what you are leaving on the table. Keep your recycler. Now you have the numbers.

  • What your scrap should actually fetch, by grade
  • The gap between your current price and the best bid
  • Whether your pickup and payment terms hold up
  • 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.

$2.4B+

Worth of scrap sold for our sellers

140+

Years of cumulative desk experience

320+

Qualified buyers in network

900+

Recurring seller accounts

Find out what your scrap should be worth.

Request the audit. We benchmark what you are paid today against qualified buyers and show you the gap. No obligation.

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Material streams

Confidential. We sign an NDA before any identity or location is disclosed.