IRASCO

What IRASCO does

IRASCO S.r.l. is a privately held Italian B2B international procurement and supply company founded in 1976 and headquartered at Via di Francia 3, 16149 Genoa, Italy. The company operates across the global mining and metals ecosystem, offering an integrated portfolio of eight service lines: commodities trading (iron ore, HBI, steel billet and slab, aluminum, copper, and natural stone slabs), spare parts and equipment supply, EPC project services, raw materials sourcing, equipment and machinery, engineering and technology transfer, research/training/consulting services, and commercial services. Its core technology is a UNI EN ISO 9001:2015-certified quality management system built around process-based organization and risk-based thinking, rather than a software or IP platform. Operational capability rests on direct enterprise relationships with premier producers and customers, supported by institutional affiliations with Confindustria, ICC Italia, AIM (Italian Association of Metallurgy), the Italian-Iranian Chamber of Commerce, and Ice-Italian Trade Agency.

IRASCO earns revenue through a mix of transaction-fee-based commodity trading and spare parts supply, supplemented by professional-services fees on EPC project work, engineering/technology transfer, and consulting/training engagements. Go-to-market is direct enterprise field sales targeting steel producers, mining operators, metallurgical facilities, and oil & gas players, with brand presence generated through major industry exhibitions including METEC, Made in Steel, MARMOMAC, and the CIS Steel Export Meeting. The company's stated customer value proposition centers on reliable procurement execution, end-to-end project coordination, and international sourcing reach.

The business has accumulated procurement contracts exceeding €2 billion over its 50-year history, with named anchor relationships including Finsider, Italia Impianti, Italsider, Kaiser, and Tenova. The company is privately held with no institutional capital, has a paid-in capital of €8,000,000, and currently operates with no disclosed headcount or revenue figures. It has declared a strategic ambition to rank among the top 30 companies in the Liguria region by 2034 and is preparing for its 50th anniversary in 2026.

Name

IRASCO

Legal name

Irasco S.r.l.

Website

https://irasco.it

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

IRASCO is a privately held Genoa-based B2B procurement and supply firm serving the global mining and metals ecosystem through commodity trading, spare parts, EPC project services, engineering and consulting, with 50 years of operating history and €2 billion+ in cumulative contracts.

Ownership category

akta.pro rank

Headquarters

HQ city

Genoa

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Commodity Trading: International trade and supply of essential industrial commodities including iron ore, HBI, billet, aluminum, copper, steel slab, and natural stone slabs to construction, manufacturing, and metallurgy sectors.
2. Spare Parts Supply: Supply of critical spare parts and equipment for industrial production lines, including electronic equipment, instrumentation, mechanical components, hydraulic/pneumatic systems, bearings, motors, generators, and specialized industrial machinery.
3. Project Services (EPC): End-to-end project procurement solutions for EPC (Engineering, Procurement, Construction) projects in the mining and metals sector.
4. Research, Training & Consulting Services: Engineering and technology transfer services along with consulting and training programs for industry professionals.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

IRASCO is a B2B international procurement and supply company serving the global mining and metals ecosystem, founded in Genoa in 1976. It sources and trades industrial commodities (iron ore, HBI, steel billet, aluminum, copper, steel slab, natural stone slabs), supplies critical spare parts and equipment for industrial production lines, and delivers end-to-end engineering procurement (EP/EPC) project solutions along with engineering, technology transfer, research, training, and consulting services.

Product overview

IRASCO is a services company operating in the global mining and metals ecosystem, offering an integrated portfolio of eight distinct service offerings: Project Services (EP) for engineering procurement, Spare Parts Supply, Commodities Trading (iron ore, HBI, steel slab, billet, aluminum, copper, natural stone), Equipment & Machinery, Raw Materials sourcing, Research/Training/Consulting Services, Commercial Services, and Engineering & Technology Transfer. The company leverages a global network and industry expertise to provide end-to-end solutions spanning the entire value chain from exploration and extraction to processing and infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Services (EP) Engineering procurement services providing end-to-end solutions for EPC (Engineering, Procurement, Construction) projects in the mining and metals sector, targeting industrial operators and engineering firms.
• Spare Parts Supply Supply of critical spare parts and equipment for industrial production lines, including electronic equipment, instrumentation, mechanical components, hydraulic/pneumatic systems, bearings, motors, generators, and specialized industrial machinery for mining, metals, oil and gas operators.
• Commodities Trading International trade and supply of essential industrial commodities including iron ore, hot briquetted iron (HBI), steel billet, steel slab, aluminum, copper, and natural stone slabs for construction, manufacturing, and metallurgy customers.
• Equipment & Machinery Supply of industrial equipment and machinery for mining and metals operations, supporting extraction, processing, and infrastructure needs of industrial operators.
• Raw Materials Sourcing Sourcing and supply of raw materials directly from premier producers, ensuring quality and consistency for industrial buyers across the mining and metals value chain.
• Research, Training & Consulting Services Engineering and technology transfer services along with consulting and training programs for industry professionals in the mining and metals sectors.
• Commercial Services Commercial services supporting the mining and metals ecosystem value chain, facilitating trade relationships and procurement workflows between suppliers and buyers.
• Engineering & Technology Transfer Engineering services and technology transfer solutions for the mining and metals sector, enabling clients to adopt specialized technical capabilities and processes.

Quantifiable outcome

• More than €2 billion in procurement projects successfully completed

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Twelve partnerships are on record, tiered major and core.

• Ice-Italian Trade AgencymajorGTM or Marketing Partner · 25 September 2019Collaboration with Ice-Italian Trade Agency for international business development, particularly for incoming foreign buyers and export promotion activities at trade events.
• Confindustria MarmomacchinemajorStrategic or Co-development Partner · 25 September 2019Partnership with Confindustria Marmomacchine for stone industry events and international trade promotion, supporting presence at MARMOMAC exhibitions.
• ConfindustriamajorStrategic or Co-development PartnerIRASCO maintains affiliation with Confindustria, the largest representation of Italian manufacturing and service companies, demonstrating commitment to Italian industrial ecosystem and business standards.
• CCI (Camera di Commercio Internazionale)majorStrategic or Co-development PartnerAffiliation with the International Chamber of Commerce (ICC), providing international trade expertise and global business networking opportunities.
• ICC ItaliamajorStrategic or Co-development PartnerItalian branch of International Chamber of Commerce, supporting IRASCO's international collaboration initiatives.
• AIM (Associazione Italiana di Metallurgia)coreStrategic or Co-development PartnerItalian Association of Metallurgy - strategic partnership in the metallurgical sector providing industry expertise, networking, and professional development opportunities.
• CCII (Camera di Commercio Italo-Iraniana)majorChannel Partner/ Reseller/ DistributorItalian-Iranian Chamber of Commerce supporting trade relationships between Italy and Iran, including hosting Iranian exhibitors at events like MARMOMAC.
• FinsidercoreStrategic or Co-development PartnerEnduring partnership with major Italian steel industry company, one of the founding client relationships that shaped IRASCO's 50-year legacy.
• TenovacoreStrategic or Co-development PartnerLong-standing partnership with Tenova, a global leader in steel-making technology and solutions, continuing IRASCO's tradition of collaboration with steel industry titans.
• ItalsidercoreStrategic or Co-development PartnerHistorical partnership with Italsider, one of the major Italian steel producers, representing IRASCO's deep roots in the Italian steel industry.
• Italia ImpianticoreStrategic or Co-development PartnerEnduring partnership with Italia Impianti, a key player in industrial plant engineering, supporting IRASCO's EPC project capabilities.
• KaisercoreStrategic or Co-development PartnerInternational partnership with Kaiser, representing IRASCO's global reach beyond Italian borders in the steel and metals industry.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Glencore: One of the world's largest diversified commodity traders, active in metals, minerals, and energy. Directly comparable to IRASCO's commodity trading business but operates at vastly greater scale across global markets.
• Trafigura: Global commodity trader with significant metals and minerals trading operations. Comparable to IRASCO in the commodity trading and international procurement space, though at much larger scale.
• Mercuria Energy Trading: Major global commodity trading house with metals and energy operations. Comparable to IRASCO's international commodity trading and procurement model.
• Gunvor Group: International commodity trading company with metals and energy focus. Comparable to IRASCO in commodity trading and cross-border procurement services.
• Danieli: Italian-based global leader in steelmaking equipment and technology. Comparable to IRASCO as an Italian-rooted, internationally active player serving the metals industry.

Direct peers

• C. Steinweg Group: Global logistics and trading company specializing in metals and minerals, headquartered in Rotterdam. Closely comparable to IRASCO in metals commodity trading, warehousing, and distribution services.
• Duferco: Italian-headquartered steel trading and distribution company with international operations. Closely comparable to IRASCO as a steel-focused commodity trader with European roots and global reach.
• Stemcor: International steel trading company historically active in iron ore, steel, and raw materials. Directly comparable to IRASCO's metals trading and international procurement focus.
• Tenova: Italian-headquartered global leader in metals and mining technology and solutions. Both an IRASCO partner and a comparable peer in serving the mining and metals value chain with engineering and technology services.
• Barry Rogliano Salles (BRS): International shipbroking and commodity trading advisory firm with strong metals/dry bulk focus. Comparable to IRASCO in facilitating international commodity flows and trade services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/irasco-srl

Revenue estimate

Valuation estimate

Number of profiles

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 IRASCO