We have our own offices in Costa Rica, Panama, Guatemala and El Salvador. We also work on a FOB basis with suppliers from a number of Caribbean countries viz Trinidad and Tobago, Curacao and Guyana. Our focus is on HMS1/2, HMS 1, LMS bales, TPS bales, Aluminium and Copper.
Our customer spread is across several countries in south east and east Asia and to both traders as well as steel mills. We also work with several quality agents across these geographies.
Our Central American footprint gives us widest access to scrap in various forms.
We have a deep and wide presence in Asia apart from mills in Central America.
Despite having access to over 25 customers, we choose to work with only 7-8 customers.
The scrap metal business is a business where quality judgement is more of an art than a science. We overcome this challenge through the presence of our employees from source to market, thus offering a completely transparent view of the quality we ship to our customers.
This business neatly complements our teak wood business. Both the businesses operate in the same geographies on the purchase side, use our common physical infrastructure, the same on-land and marine logistics partners and utilise our deep contextual familiarity with our operating geographies.
Scrap metal consists of old, surplus and waste material left over from product manufacturing and consumption, such as parts of vehicles, building supplies and old appliances. Scrap metal recycling helps by putting old metal back into the system and reducing the need for new virgin metal. Since mining and purifying virgin metal requires extremely high levels of energy, recycling scrap metal also produces less greenhouse gasses which is a win for the environment.
Scrap metal falls into two distinct categories of ferrous metals and non-ferrous metals. Steel is a ferrous metal while aluminium is classified as a non-ferrous metal. Metals like copper, lead, tin etc are also non-ferrous scrap metals.