ScrapEX Information

ScrapEX builds software for secondary metals trading. We do not buy, sell or hold physical metal. The industry moves $623B+ a year and still runs on spreadsheets, email and disconnected systems. A trading desk handles physical contracts, price-fixation deadlines, LME hedge execution, shipment timing, broker coordination and payments in parallel, with no single place where those meet. The result is margin leakage, slow execution and poor visibility. ScrapEX Workspace connects the physical trade to its financial execution in one platform: - Trading workflow - contracts, counterparty KYC, claims, documents - Operations - shipment ETA and last-free-day monitoring, live status - Financial layer - price fixing across full LME hours, broker connectivity, FX locking, payments - AI Co-Pilot - alerts, recommendations and automation inside the workflow, not a separate chatbot The platform is open and account-based. Traders, brokers, recyclers and industrial consumers work in the same network, each on their own account, each with their own counterparties. Every new account brings its counterparties into the system. Live in production with real secondary-copper flow: 691 contracts, around 27,900 mt of physical product and 1,818 hedges executed. ScrapEX is a BIR Gold Member and a BMR Member. Operating since 2022, with Scrapex DMCC established in 2023. Copper first. Aluminium, nickel and zinc next. Book a demo: scrapex.app