What Greenwich Metals does

Greenwich Metals (dba GMI) is a privately held physical-metals trading company that sources and supplies ferrous and non-ferrous metals to manufacturing companies globally. The company operates across four major commodity groupings — bulk commodities and raw materials, refined base metals, scrap metals, and ferroalloys/steel — covering a product book of more than 100 uniquely sourced items that includes aluminum and aluminum alloys, copper and copper scrap, lead, zinc, tin, magnesium, silicon, ferroalloys, and raw-material concentrates, mattes, and by-products. Customers span the automotive, aerospace, electronics, construction, consumer products, and steel-mill end-markets, while the supply side is anchored by partnerships with miners, smelters, refiners, and secondary producers.

Greenwich generates revenue primarily through physical-trade margins on metal transactions, supplemented by agency and consulting fees, financing-solution facilitation, hedging and price-risk services, logistics, marketing, tolling, and warehousing/ inventory management. It is an active hedger on the LME, CME, and MCX and uses exchange-based instruments to manage positions for its own book and to offer risk-management programs to counterparties. The company maintains a dedicated trade-finance team that structures pre-export and pre-production financing tied to off-take agreements, supporting working-capital-intensive flows.

The firm was founded in 1992, recapitalized in 2018 under a group of senior metals-trading executives (ex-Trafigura, Glencore, Pechiney, Euromin) collectively holding 100+ years of experience, and has since expanded through the 2019 acquisition of Sweden's Ferromet AB, the 2022 establishment of GMI Commodities SA in Geneva, the 2024 formation of GMI Commodities LatAm in Lima, and a 2026 combination with Element Alpha SA that adds energy-trading capability. Operating entities span the United States, Switzerland, Peru, India, Serbia, China, Brazil, and Mexico.

Name

Greenwich Metals

Legal name

Greenwich Metals Inc.

Website

https://greenwichmetals.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Industrial Metals Trading

NAICS

Metal Service Centers and Other Metal Merchant Wholesalers (423510)

SIC

Wholesale-Metals Service Centers & Offices (5051)

akta.pro primary industry

Commodity Brokerage, Merchants & Structured Trade (Offtake, Prepay, Inventory/Collateral Mgmt) (IMAKAJAK)

akta.pro secondary industry

Steel Products Trading & Service Centers (Flat, Long, Pipe & Tube, Rebar) (IMAKAJAB)

Keywords

• Industrial metals trading
• Commodity sourcing services
• Ferrous non-ferrous metals
• Metals hedging logistics
• Physical commodity trading

Headquarters

HQ city

Greenwich

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Physical Metals Trading: GMI generates revenue through buying and selling physical commodities including aluminum, copper, lead, zinc, magnesium, silicon, ferroalloys, and raw materials. Revenue is generated on a transaction basis through margin on physical trades.
2. Professional Services: Agency and consulting fees, financing solutions facilitation, and tolling services. Services include agency consulting, financing solutions, hedging services, logistics management, marketing services, tolling processing, and warehousing inventory management.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Greenwich Metals (GMI) is a B2B commodity trading company that sources and supplies industrial metals — including aluminum, copper, lead, zinc, magnesium, silicon, ferroalloys, tin, and related raw materials — to manufacturing companies worldwide. The company earns revenue on margin from physical metals trades and supplements trading with professional services spanning agency/consulting, financing facilitation, hedging, logistics, marketing, tolling, and warehousing.

Product overview

Greenwich Metals is a commodity trading company offering a portfolio of physical metal products complemented by professional services. The core product portfolio spans eight commodity categories: Aluminum/Aluminum Alloys, Copper/Copper Scrap, FerroAlloys (via acquired brand Ferromet AB), Lead/Lead Scrap, Magnesium/Silicon, Raw Materials (concentrates and ores), Tin/Tin Scrap, and Zinc/Zinc Scrap. Supporting the commodity trading business are six professional services: Agency & Consulting, Financing, Hedging & Pricing, Logistics, Marketing, Tolling, and Warehousing. The company operates globally through subsidiary entities in Switzerland (GMI Commodities SA, 2022), Peru (GMI Commodities LatAm, 2024), Mexico, India, Serbia, China, and Brazil, with the parent company headquartered in Greenwich, Connecticut.

Differentiator

Problem solved

Functional benefit

Products and services

• Aluminum, Aluminum Alloys & Aluminum Hardeners
• Copper & Copper Scrap
• FerroAlloys
• Lead & Lead Scrap
• Magnesium & Silicon
• Raw Materials
• Tin & Tin Scrap
• Zinc & Zinc Scrap
• Agency & Consulting
• Financing Solutions
• Hedging & Pricing
• Logistics
• Marketing
• Tolling
• Warehousing

Quantifiable outcome

• Trading 100+ uniquely sourced products across ferrous and non-ferrous metals
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Element Alpha SAcoreStrategic or Co-development Partner · 10 February 2026Greenwich Metals Inc. and Element Alpha SA were in advanced merger talks as of February 2026. The proposed combination would merge Greenwich's metals expertise with Element Alpha's energy trading capabilities to create a stronger player in key commodity markets. No definitive agreement had been reached and terms remained undisclosed.
• FerroMet ABcoreStrategic or Co-development Partner · 1 June 2019GMI acquired FerroMet AB, a Swedish trading company established in 1994, in June 2019 to enter the ferroalloys space. FerroMet AB continues to operate as part of GMI's commodity portfolio, distributing ferroalloys to clients worldwide.

Scale indicators5 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Trafigura: One of the world's largest physical commodity traders with deep franchises in non-ferrous metals (copper, lead, zinc), refined products, and bulk commodities. Directly comparable to GMI as GMI's leadership is largely ex-Trafigura; the firms compete for the same suppliers, customers, and physical flow.
• Glencore: Integrated mining and commodity marketing giant with the world's largest metals and minerals trading book. Competes with GMI across copper, zinc, lead, aluminum, ferroalloys and concentrates, and is a frequent counterparty for similar industrial end-users.
• Vitol: World's largest independent energy trader with growing metals and minerals exposure. Comparable to GMI via Euromin SA, a metals trading firm previously under Vitol's umbrella from which several GMI leaders (Doug Pratt, Bojan Kuzmanic) originate.
• Mitsubishi Corporation RTM (Related Metals Trading): Japanese trading house (sogo shosha) with one of the world's largest non-ferrous metals marketing operations. Comparable to GMI in trading copper, zinc, lead, aluminum, and minor metals, with substantially greater financial capacity and global footprint.

Direct peers

• Mercuria Energy Trading: Independent global commodity trading house active in metals, energy, and agricultural products. Highly comparable to GMI in operating model (physical trading plus structured finance, hedging, and logistics), though at materially larger scale.
• Louis Dreyfus Company: Global merchant and processor of agricultural, metals, and energy commodities. Comparable to GMI as a privately held, multi-commodity physical merchant with similar warehousing, logistics, and financing capabilities across industrial raw materials.
• Gerald Metals: Privately held non-ferrous metals merchant trading refined metals, concentrates, and by-products globally. Closely comparable to GMI in product mix (copper, zinc, lead, tin), customer base, and boutique trading-house structure.
• Concord Resources: Independent metals trading house specializing in copper, zinc, lead, and nickel concentrates and refined metals. Comparable to GMI as a privately held, mid-sized trading firm focused on base metals flow origination and marketing.
• IXM (International Zinc Association-affiliated trading arm, part of Mercuria): Global metals merchant focused on zinc, lead, copper, and minor metals with strong presence in concentrates and refined product marketing. Comparable to GMI's raw materials and refined base metals franchise.

Emerging players

• Stratton Resources: London-based independent commodities trader focused on non-ferrous metals, with a similar boutique operating model and concentration on concentrates and refined metals marketing to GMI.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greenwich-metals-inc.

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Greenwich Metals