Recycling.com and Metalprices.com have unveiled an information sharing partnership aimed at boosting the global scrap metal trade.
In order to enhance the pricing information available to Recycling.com’s members, Metalprices.com has agreed to supply its scrap-pricing intelligence to the global online trading platform’s member companies.
In return, Recycling.com will highlight to its members the range of services offered by Metalprices.com and provide its own market intelligence to Metalprices.com.
Mark Baij, Recycling.com – “By increasing transparency, we aim to help our members trade more easily and efficiently with their partners across the globe, while securing better prices for both buyers and sellers”
Recycling.com launched in 2012 as on online trading platform for the recycling of ferrous and non-ferrous metals, paper and plastics. This month saw Recycling.com achieve a membership base with a combined annual turnover of more than $22bn.
Metalprices.com has published industry-leading market pricing information since 1995 and has recently added European scrap-pricing information to its North American datasets, which are primarily sourced from producers, consumers, merchants, and brokers.
Mark Baij, CEO of Recycling.com, said: “We are delighted to work with Metalprices.com to provide increased pricing transparency to our members. By increasing transparency, we aim to help our members trade more easily and efficiently with their partners across the globe, while securing better prices for both buyers and sellers.”
Marc Dulin, CEO of Metalprices.com, said: “We are very excited to have partnered with Recycling.com to fill the need in the industry for increased price transparency. We share a common commitment to delivering reliable and accurate prices to the entire metals supply chain, allowing enhanced value to market participants.”