Bid live on verified scrap listings from sellers around the world.
A live auction on ScrapTrade lets competitive bidding — not a single buyer's opening offer — set the price for a lot of scrap material. Sellers list what they have, verified buyers bid in real time, and the market decides what it's actually worth.
Every lot is GPS-verified so bidders know the material, quantity, and location are real.
Bids update live, so the closing price reflects genuine demand at the moment of sale.
Funds are held securely and only released once pickup or delivery is confirmed.
Scrap pricing has traditionally depended on who you know — a handful of local buyers quoting whatever they feel like on the day, with no way for a seller to know if that's actually a fair number. Live auctions replace that with an open market: every verified buyer sees the same listing at the same time and competes on price, in public.
It's one part of a larger goal — connecting scrap buyers and sellers worldwide on a single, transparent platform instead of thousands of disconnected local deals. If you want to sanity-check where a live auction sits against current market rates before you bid, our price calculator gives you live, location-adjusted pricing for the same material.
Verified sellers list a lot — material type, grade, weight, and location — with a starting price. Buyers place competing bids in real time until the auction closes, and the highest bidder wins. Every listing is GPS-verified before it goes live, so what you're bidding on is what's actually on the ground.
Yes. Browsing and bidding are free for registered buyers. ScrapTrade doesn't charge buyers a fee to place a bid or win a lot.
You and the seller confirm the deal through ScrapTrade, payment is held in escrow until pickup or delivery is confirmed, and logistics are arranged directly through the platform — no separate back-and-forth needed.
Competitive bidding lets real demand set the price instead of a single buyer or seller guessing at market value. You can cross-check any auction against live, location-adjusted market rates using our price calculator before you bid.
Yes — sellers can set a minimum reserve when listing a lot, so it only sells if bidding reaches a price they're willing to accept.
