Triple M Metal

Name

Triple M Metal

Legal name

Triple M Metal LP

Website

https://triplemmetal.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Metal Recycling and Processing

NAICS

Materials Recovery Facilities (562920), Materials Recovery Facilities (56292)

SIC

Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Metals Recycling & Processing (Ferrous/Non-Ferrous) (BPALADAF)

akta.pro secondary industries

Scrap Collection, Brokerage & Trading (Dealers, Aggregators, Exporters) (EUAIAJAH), Scrap Metal & White Goods Aggregation Yards (EUAIABAH)

Keywords

• Scrap metal recycling
• Ferrous non-ferrous processing
• Mill services logistics
• Metal brokerage trading
• Industrial scrap management

Headquarters

HQ city

Brampton

HQ country

Canada

HQ region

North America

Offices20 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Scrap Metal Purchasing and Resale: Triple M Metal purchases scrap metal from various sources including industrial accounts, scrap dealers, steel mills, foundries, demolition contractors, government agencies, and the public. The company then processes and resells the scrap materials to manufacturers in automotive, construction, electronics, and other industries.
2. Processing and Mill Services: Value-added services including screening, magnetic separation, drying, size processing, grading, torching, loading/unloading railcars, and other mill services for steel mill customers.
3. Brokerage and Logistics Solutions: Customs brokerage and freight brokerage (inland, ocean, and rail) services, providing logistics solutions for scrap metal transportation.
4. Industrial Solutions and Equipment Rental: Customized industrial solutions including on-site assistance, container services, equipment handling, CapEx installation, and rental units for on-site assistance.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Triple M Metal purchases, processes, and resells ferrous and non-ferrous scrap metals through 44+ fully-integrated recycling facilities across Canada, the United States, and Mexico. Services include shredding, baling, shearing, torching, wire chopping, downstream separation, mill services (screening, magnetic separation, drying, grading), industrial on-site scrap management, customs and freight brokerage, and e-waste recycling — processing over four million tons of metallic scrap annually for steel mills, foundries, industrial manufacturers, auto recyclers, demolition contractors, and the public.

Product overview

Triple M Metal operates as a fully integrated scrap metal recycling company offering a comprehensive suite of services. The core offering includes ferrous and non-ferrous metal recycling with processing capabilities (shredders, shears, balers, copper/aluminum granulation, downstream processing). Consumer services include Cash for Scrap and a Loyalty Program. B2B offerings encompass Buy Scrap Metal supply to mills/foundries, Mill Services, Industrial Solutions with on-site support, Brokerage Solutions (logistics), and E-Waste Processing via Quantum Lifecycle Partners. Dealer Services provide specialized processing for scrap dealers. The company operates 44+ yard locations across North America.

Differentiator

Problem solved

Functional benefit

Products and services

• Scrap Metal Recycling Services Comprehensive ferrous and non-ferrous scrap metal recycling services processing over four million tons of metallic scrap material annually across North America, with shredding, shearing, baling, torching, wire chopping, and downstream processing capabilities across 44+ fully-integrated recycling facilities.
• Cash for Scrap Program Consumer-facing service enabling individuals to sell household metals, electronics, and appliances for cash at 19+ public yard locations, with an online loyalty program offering premium pricing for registered members.
• Buy Scrap Metal (B2B Supply) B2B service supplying ferrous scrap (shred, busheling, prime bundles, punchings, heavy melt, mill by-products) and non-ferrous scrap (brass, copper, aluminum, stainless steel, lead, zinc, specialty alloys) to steel mills, foundries, and manufacturers across North America, supported by real-time trader technology and global logistics.
• Mill Services Comprehensive steel mill support services including screening, magnetic separation, drying, size processing, grading, torching, loading/unloading railcars, and other onsite services for steelmaking operations.
• Industrial Solutions Customized on-site and off-site industrial scrap management services including container services, scales, cameras, 24/7 dispatch, CapEx installation, and rental units, with P&L financial reporting for manufacturing customers.
• Brokerage Solutions Customs brokerage and freight brokerage (inland, ocean, and rail) services, providing logistics solutions for scrap metal transportation across North American and global supply chains.
• E-Waste Processing Electronic waste recycling managed through the partnership with Quantum Lifecycle Partners, supporting the company's 100% landfill diversion goal with environmentally responsible processes for redundant electronic and electrical equipment.
• Dealer Services Services for auto recyclers, scrap dealers, and demolition companies including car hauler acceptance, car flattening, shredding, baling, shearing, torching, wire chopping, rail car loading, 24-hour dispatch, security cameras, and de-pollution equipment.
• Loyalty Program Premium pricing program for recurring consumer customers; members register online, bring their email confirmation to a participating yard, and receive premium pricing on their scrap purchases.

Quantifiable outcome

• Processes more than 4 million tons of metallic scrap material annually
• +2 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered core, strategic and minor.

• Matalco (Joint Venture with Rio Tinto)coreStrategic or Co-development Partner · 1 December 2023Giampaolo Group established Matalco JV with Rio Tinto as of December 1, 2023. Matalco is North America's largest privately held secondary aluminum cast house operating two locations in Canada and two in the United States. Triple M Metal serves as the exclusive non-ferrous scrap supplier for Matalco, providing full-service supply chain management and vertical integration.
• Quantum Lifecycle Partners LPcoreStrategic or Co-development PartnerQuantum Lifecycle manages end-of-life recycling for electronic waste as part of Triple M's mission for 100% landfill diversion. They offer environmentally responsible processes for redundant electronic and electrical equipment recycling.
• Venture Steel Inc.coreStrategic or Co-development PartnerA division of Giampaolo Group Inc., Venture Steel Inc. is expanding operations at the same Ramos Arizpe, Mexico site as Triple M Metal's new non-ferrous processing facility. This collaborative approach is part of Giampaolo Group's vision for a sustainable and circular future.
• Niagara Metals LLCcoreOthersPart of the Giampaolo Group of Companies, Niagara Metals LLC operates as a sister company alongside Triple M Metal LP. Todd Levin started Niagara Metals in 2006, which grew to one of the dominant operations in Western New York with four locations.
• Steel Mills with EAF FurnacesstrategicStrategic or Co-development PartnerTriple M Metal establishes relationships with steel mills, particularly those with Electric Arc Furnace (EAF) technology. This collaborative effort supports the expansion of EAF technology and marks a significant stride towards sustainability by lowering carbon emissions.
• Fortum and KORADminorStrategic or Co-development PartnerReference to industry partnership in radioactive waste management (MoU signed June 2024) mentioned in market context but not directly involving Triple M Metal.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Radius Recycling (formerly Schnitzer Steel Industries): One of North America's largest publicly-traded ferrous and non-ferrous metal recyclers with integrated collection, processing, and mill supply operations. Directly comparable to Triple M in business model, end-market exposure (steel mills and foundries), and geographic presence across North America.
• Metalico: North American scrap metal recycler operating yards and processing facilities serving steel mills and foundries. Comparable to Triple M as a regional, multi-yard ferrous and non-ferrous processor with similar customer profiles.
• EMR Group: Privately-held global metal recycling group with a significant North American footprint following multiple acquisitions. Comparable to Triple M as a fully-integrated ferrous and non-ferrous recycler with processing yards and global trading capabilities.
• David J. Joseph Company (Nucor subsidiary): The largest scrap metal processor in North America, operating as a wholly-owned subsidiary of steelmaker Nucor. Comparable to Triple M as a scaled ferrous and non-ferrous processor with deep mill-supply relationships, though embedded within a vertically integrated steelmaker.
• Liberty Iron & Metal: Privately-held North American metal recycler operating scrap yards and processing facilities. Comparable to Triple M in end-to-end ferrous and non-ferrous processing for steel mill customers.
• Newell Recycling: Privately-held North American scrap metal recycler with yard and processing operations. Comparable to Triple M as a mid-sized ferrous/non-ferrous recycler serving industrial and consumer scrap supply channels.
• Kuusakoski Group: Privately-held international metal recycling company operating processing facilities across multiple continents. Comparable to Triple M as a multi-site, integrated ferrous/non-ferrous recycler serving industrial customers and mills.
• SA Recycling: Large privately-held North American ferrous and non-ferrous scrap metal recycler with integrated shredding, shearing, and downstream processing capabilities. Closely matches Triple M's fully-integrated, multi-site operating model and mill/supply customer base.
• Cohen Metals Group: Privately-held North American scrap metal recycler with multiple yard locations and shredding/processing capability. Comparable to Triple M in operating model and customer base, though smaller in scale.

Broad incumbents

• Nucor Corporation: Largest steel producer in the United States and a major buyer/consumer of ferrous scrap via its David J. Joseph subsidiary. Comparable to Triple M only in the sense that it is the dominant downstream offtake channel for North American scrap supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/triplemmetal
• LinkedInlinkedin.com/company/triplemmetal
• Instagraminstagram.com/triplemmetal

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Triple M Metal