Memphis Scrap

What Memphis Scrap does

Memphis Scrap is a locally owned and operated industrial scrap metal recycling company headquartered at 999 Channel Avenue, Memphis, Tennessee (38106). The company purchases ferrous and non-ferrous metals exclusively from industrial clients — manufacturing plants, industrial facilities, and production companies — and explicitly does not buy from the general public. It then resells the collected scrap into commodity markets, generating revenue on transactional spreads between purchasing and resale prices.

The company's core product is metal recycling services delivered through direct B2B relationships, supported by a third-party online customer portal (portal.cietrade.net) that allows industrial clients to manage accounts and transactions. Underlying operations rely on certified scales for accurate weighing and visible roll-off and dump trailer equipment for logistics. The technology stack is undifferentiated and non-proprietary, with no disclosed AI, software, or platform IP of its own.

The business model is a straightforward commodity spread business: Memphis Scrap buys scrap from industrial suppliers at quote-based pricing tied to prevailing market conditions and resells into the commodity market. Go-to-market is sales-led and relationship-driven, relying on direct outreach, local word-of-mouth, and a basic website (memphisscrap.com). Customer segments are exclusively industrial enterprises located in the Memphis metropolitan area and surrounding Tennessee region. The company was founded in 2023, operates with 1-10 employees, and has no disclosed funding, institutional ownership, or external capital signals.

Name

Memphis Scrap

Legal name

Memphis Scrap

Website

https://memphisscrap.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Memphis Scrap is a locally owned B2B industrial scrap metal recycler in Memphis, Tennessee, purchasing ferrous and non-ferrous metals from regional industrial clients and reselling into commodity markets. It operates a single certified-scale yard and serves only business customers, not the public.

Ownership category

akta.pro rank

Product category

Metal Recycling Services

NAICS

Recyclable Material Merchant Wholesalers (42393), Waste Collection (5621)

SIC

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

akta.pro primary industry

Scrap Collection, Brokerage & Trading (Dealers, Aggregators, Exporters) (EUAIAJAH)

akta.pro secondary industries

Non-Ferrous Scrap Processing & Brokerage (Aluminum, Copper, Brass/Bronze, Lead, Zinc, Nickel) (IMAKAMAB), Scrap Metal Collection, Logistics & Aggregation (Yards, Roll-off, Container Programs) (IMAKAMAK), Metal Scrap Trading & Brokerage (Ferrous & Non-Ferrous) (IMAKAJAI)

Keywords

• Scrap metal recycling
• Ferrous metals purchasing
• Non-ferrous metals recycling
• Industrial scrap metal
• Metal recycling services

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Metal Scrap Purchasing and Resale: Memphis Scrap generates revenue by purchasing ferrous and non-ferrous metals from industrial companies and reselling them in the commodity market. The company provides competitive pricing and prompt payments to attract industrial suppliers of scrap metal.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Memphis Scrap purchases ferrous and non-ferrous scrap metals from industrial companies and resells them into commodity markets. The company provides on-site pickups or accepts client deliveries at its Memphis facility, uses certified scales for accurate weighing, and offers prompt payments with competitive pricing. An online customer portal supports account management and transactions for existing industrial clients.

Product overview

Memphis Scrap operates as a locally owned metal recycling company offering two primary offerings: metal recycling services for ferrous and non-ferrous metals purchased from industrial companies, and an online customer portal for account management. The company focuses exclusively on business-to-business transactions and does not serve the general public.

Differentiator

Problem solved

Functional benefit

Products and services

• Metal Recycling Services

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights2 records

Direct peers

• Cohen Recycling: Family-owned scrap metal recycler with yards across the U.S. Southeast, purchasing industrial ferrous and non-ferrous scrap. Comparable business model, customer type, and geographic overlap to Memphis Scrap.
• PSC Metals: Regional and national scrap metal recycler operating yards across the Midwest and Mid-South, purchasing ferrous and non-ferrous scrap from industrial accounts. Closely aligned to Memphis Scrap's sourcing and resale model.
• SA Recycling: U.S. non-ferrous and ferrous scrap metal recycler operating yards across the South and Southeast, including the Mid-South region. Closely aligned business model (buying industrial scrap, certified scales, competitive pricing) directly comparable to Memphis Scrap.
• Encore Recycling: Regional ferrous and non-ferrous scrap metal recycler operating yards in the U.S. Southeast, purchasing from industrial suppliers and reselling to mills. Comparable operating model to Memphis Scrap at a slightly larger regional scale.
• Trademark Metals Recycling: Multi-yard U.S. ferrous and non-ferrous scrap metal recycler with locations in the Southeast, offering industrial scrap buying with certified scales. Directly comparable product offering and customer base to Memphis Scrap.

Broad incumbents

• Metalico: Multi-yard U.S. scrap metal recycler focused on ferrous and non-ferrous metals. Comparable core activity to Memphis Scrap but with broader geographic footprint and processing capabilities.
• David J. Joseph Company (DJJ, Nucor): Major U.S. scrap metal broker and processor subsidiary of Nucor, sourcing ferrous scrap for steelmaking. Operates a national brokerage and processing network overlapping with Memphis Scrap's industrial scrap sourcing activity.
• Schnitzer Steel / Radius Recycling: One of the largest publicly traded ferrous and non-ferrous scrap metal recyclers in North America with dozens of yards across the U.S. Memphis Scrap competes in the same product category (industrial scrap buying and resale) but operates at far smaller scale against this multi-region incumbent.
• OmniSource (Steel Dynamics): Large U.S. scrap metal processor and broker with extensive yard network across the Midwest and Southeast, owned by Steel Dynamics. Comparable core activity of purchasing industrial ferrous and non-ferrous scrap and reselling to mills, but at national scale versus Memphis Scrap's local operation.

Regional players

• EMR (European Metal Recycling): One of the largest global scrap metal recyclers with U.S. operations, primarily based in the U.K. and Europe. Comparable product category but operates in different geographies than Memphis Scrap's Tennessee-focused footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

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 Memphis Scrap