Richmond Steel Recycling

What Richmond Steel Recycling does

Richmond Steel Recycling is a privately held Canadian scrap metal recycler founded in 1970 and headquartered in Richmond, British Columbia. The company purchases ferrous and non-ferrous scrap metal from commercial, industrial, and consumer suppliers, processes it through its proprietary hammermill shredding operation — the only scrap metal shredder in the Lower Mainland — and sells processed material to steel mills and foundries on a spread-based pricing model. It complements this core buy/sell business with bin rentals, mobile car crushing, mobile baling, Certificate of Destruction documentation, and demolition services targeting both general construction and oil-and-gas infrastructure. The company serves four primary customer segments: commercial and industrial businesses, individual consumers, auto salvage yards and municipalities, and the oil-and-gas sector in Alberta.

Name

Richmond Steel Recycling

Legal name

Richmond Steel Recycling Limited

Website

https://richmondsteel.ca

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

51–100 employees

Short description

Richmond Steel Recycling is a privately held Western Canadian scrap metal recycler operating six yards across BC and Alberta, processing ferrous and non-ferrous metals via the Lower Mainland's only hammermill shredder for commercial, industrial, consumer, and oil-and-gas customers.

Ownership category

akta.pro rank

Product category

Scrap Metal Recycling Services

akta.pro primary industry

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

akta.pro secondary industries

Industrial & Manufacturing Scrap Recycling (Factory Scrap, Turnings, Offcuts) (IMAKAMAE), Metals Recovery & Scrap Processing (from C&D) (BPALAJAF)

Keywords

• Scrap metal recycling
• Ferrous metals processing
• Non-ferrous metals processing
• Metal shredding services
• End-of-life vehicle recycling

Headquarters

HQ city

Richmond

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Scrap Metal Purchase and Processing: The company purchases ferrous and non-ferrous scrap metal from customers, processes it through shredding and separation, and sells processed materials to steel mills and foundries. Revenue is generated through the spread between purchase price paid to suppliers and sale price to end users.
2. Bin Rental Services: Provides on-site bin rental services for commercial and industrial customers. Bins are delivered and picked up on customer schedules for ongoing scrap collection.
3. Mobile Car Crushing: Mobile crushing services for end-of-life vehicles, particularly serving auto yards, municipalities, and individuals with large volumes.
4. Industrial Demolition Services: Demolition of oil refineries, petrochemical plants, and related infrastructure in the oil and gas sector, with scrap metal recovery and recycling.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Richmond Steel Recycling purchases ferrous and non-ferrous scrap metals from individuals, businesses, and industrial operations; processes them through its on-site hammermill scrap metal shredder and separation operations; and sells the processed material to steel mills and foundries. The company also provides on-site bin rentals, mobile car crushing, mobile baling, demolition services, oil-and-gas specialized metal recycling, and Certificates of Destruction across British Columbia and Alberta.

Product overview

Richmond Steel Recycling operates as a scrap metal recycling service with multiple specialized service offerings. The core service portfolio includes scrap metal drop-off, bin rental service, and end-of-life vehicle recycling. Supporting services include mobile baling for on-site waste compaction, Certificate of Destruction for compliance documentation, and specialized demolition services for construction sites and oil & gas infrastructure. The company operates the Lower Mainland's only scrap metal shredder for on-site metal processing. Materials are categorized into ferrous metals (steel, iron, cast iron) and non-ferrous metals (aluminum, copper, brass, stainless steel, alloys). Digital services include a load board for carrier logistics and AMCS-based supplier/customer portals.

Differentiator

Problem solved

Functional benefit

Brands

• RSR Auto Express: Specialized auto recycling service operating in Abbotsford for end-of-life vehicle processing and car crushing services.

Products and services

• Scrap Metal Drop-Off Walk-in/drop-off scrap metal recycling service for individuals and businesses, accepting a wide range of ferrous and non-ferrous metals at any of the company's yard locations without requiring an appointment during operating hours.
• Bin Service On-site roll-off bin rental offered to commercial and industrial customers in multiple sizes (B-Bins up to 40-foot Super Bins), with bins delivered and picked up on the customer's schedule for ongoing scrap collection.
• Scrap Car Recycling End-of-life vehicle recycling service offering competitive pricing on ELVs, with mobile car crushing capabilities brought to large-volume customers such as auto yards and municipalities.
• RSR Auto Express Dedicated auto recycling sub-brand operating from the Abbotsford location, providing quick, eco-friendly end-of-life vehicle recycling with fast payment and on-site processing through the company's shredder.
• Mobile Baling Service Mobile baler brought to customer sites to compact landfill waste or scrap metal on location, reducing volume, lowering disposal costs, and easing transport.
• Certificate of Destruction Formal destruction certification for metal items such as recalled products, proprietary technology, and customs-seized items, providing legal and audit protection documenting secure destruction.
• Demolition Services Safe and efficient demolition services for construction and demolition sites, handling removal and recycling of scrap metal from complex structures.
• Oil & Gas Metal Recycling Specialized metal recycling and demolition services for oil refineries, petrochemical plants, wellheads, rigs, and Alberta oilsands infrastructure, including industrial demolition, facility maintenance, boneyard cleanups, and machinery recovery, supported by COR, ISN, Avetta, and ComplyWorks safety certifications.
• Metal Shredding On-site hammermill scrap metal shredding, the only such operation in the Lower Mainland, processing end-of-life vehicles and appliances into manageable pieces for separation into ferrous and non-ferrous metal streams and re-melting.
• Ferrous Metal Recycling Recycling purchasing service for ferrous metals including steel, iron, cast iron, and structural steel; ferrous materials are magnetic and typically priced per ton based on market conditions.
• Non-Ferrous Metal Recycling Recycling purchasing service for non-ferrous metals including aluminum, copper, brass, stainless steel, and alloys, purchased by the pound at market-driven prices with sample-based estimates available before drop-off.
• Load Board Carrier logistics platform providing load board access for transportation partners to view and manage freight opportunities for the company.

Quantifiable outcome

• 1.8 million metric tons of metal recycled in the last decade
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• COR (Certificate of Recognition)coreOthersSafety certification program. Richmond Steel holds COR certification demonstrating compliance with occupational health and safety standards, enabling service delivery in industrial and oil & gas sectors with stringent safety requirements.
• ISNcoreOthersISN (ISN Net) contractor safety management platform. Richmond Steel maintains ISN membership for pre-qualification and ongoing safety compliance verification.
• AvettacoreOthersContractor safety and risk management service. Avetta certification enables Richmond Steel to work with major corporations and industrial clients requiring verified safety standards.
• ComplyWorkscoreOthersWorkforce compliance management platform. ComplyWorks certification ensures Richmond Steel meets regulatory requirements for worker safety and contractor management.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ABC Recycling: British Columbia-based scrap metal recycler operating multiple yards in Metro Vancouver and the Lower Mainland. Directly comparable on geography (overlapping BC service area), service mix (ferrous/non-ferrous drop-off, bins, ELV processing), and customer base (commercial/industrial and consumer).
• SA Recycling: Large US-based non-ferrous and ferrous metals recycler operating shredders and metal recovery facilities across multiple states. Directly comparable core activity (scrap shredding, end-of-life vehicle processing, non-ferrous separation), though focused on US rather than Canadian markets.
• Metalico: US-based scrap metal recycler operating yards and shredder/processing facilities for ferrous and non-ferrous metals. Directly comparable on activity mix (ferrous/non-ferrous buying, shredding-adjacent processing, industrial accounts).

Broad incumbents

• Schnitzer Steel Industries (Radius Recycling): One of North America's largest metals recycling companies, operating shredders, ferrous/non-ferrous processing, and end-of-life vehicle recycling. Comparable on core scrap processing and shredding activities; broader incumbents with multi-region footprint and vertically integrated mill offtake.
• GFL Environmental: Canadian-headquartered diversified waste management and recycling conglomerate with significant scrap and recycling operations in Western Canada. Comparable as a vertically adjacent regional player; broader scope than pure-play scrap recycling.
• Commercial Metals Company (CMC): Vertically integrated steel manufacturer with a sizable scrap recycling and brokerage division supplying its own EAF mills. Comparable in that scrap procurement underlies its operations; broader incumbent with downstream steel-making exposure.
• Waste Connections: Canadian-founded waste services platform with significant recycling operations across North America. Adjacent competitor in the metal recycling end-market; broader incumbent with bundled solid waste and recycling offerings.
• EMR (European Metal Recycling): Global metals recycling group operating shredders, processing yards, and downstream secondary metal production. Comparable on core ferrous and non-ferrous processing activity; broader incumbent with international reach.
• Nucor Corporation (David J. Joseph Co.): North America's largest EAF steel producer with its in-house scrap brokerage (David J. Joseph Co.) sourcing ferrous scrap. Comparable as a critical scrap offtake counterpart; broader incumbent integrating upstream scrap supply with downstream steelmaking.

Regional players

• United Recycling Industries: Western Canadian scrap metal recycler operating in Metro Vancouver/BC. Direct regional peer in the same territory, competing for commercial drop-off and industrial volumes; smaller scale and limited shredding footprint relative to Richmond Steel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/richmondsteel
• Facebookfacebook.com/richmondsteelrecycling
• LinkedInlinkedin.com/company/6405667
• Instagraminstagram.com/richmondsteelrecycling

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Richmond Steel Recycling