FAQs

Is scrap-ex a trader?

No. scrap-ex never acts as the principal on any transaction.

Why should I use scrap-ex?

scrap-ex was founded because a growing number of recycling companies and secondary material traders wanted a platform to complement their existing trading network.

How do scrap-ex make money?

scrap-ex charge commission from the buyer and seller on every transaction conducted through the Trading Platform or via the telephone.

How do I start trading through scrap-ex?

Simply complete the online registration form for the market that you intend trading in or call us direct on 0844 56 76 830.

What is a Trading Platform?

The scrap-ex Trading Platform is an online centralised marketplace for buyers and sellers of all Secondary Commodities. The platform is fully interactive and transactional.

Why would I use the Trading Platform?

The scrap-ex Trading Platform is a centralised and transparent market that all registers users can access. We provide a fast and effective route to all Secondary Commodity Markets.

What can I do on the Trading Platform?

Place orders to buy and sell. Trade live prices that you see on the screen. Check where the market is and “discover price”. Analyse historic price trends and market behaviour.

Does everyone see the same prices?

Yes.

But I don’t want my competitors to know if I am buying or selling.

All orders are anonymous until the trade is executed. Discretion and Integrity are our hallmarks.

So no one will know what I am doing in the market?

Correct. scrap-ex ensures confidentiality on all transactions.

This sounds very complex.

No. The Trading Platform is a simple tool that complements anyone that buys or sells in secondary material markets through existing channels.

I don’t want to trade through a computer screen.

Then call us on 0844 56 76 830. We are happy to work your order via the telephone or help you place the order on the Trading Platform.

What are Secondary Commodity Markets?

All materials that have value and are traded through scrap-ex are considered by us as Secondary Commodities.

What role do these markets play?

In addition to bringing together buyers and sellers in a centralised place we believe that these markets have a key environmental role to play. By creating transparent markets for secondary materials there is an economic incentive to extract them from the waste stream reducing carbon emissions, landfill and environmental harm.

Can we meet to discuss further?

Yes we are always happy to meet. Call us on 0844 56 76 830