What Is ScrapTrade?

ScrapTrade is an online marketplace where verified buyers and sellers trade scrap metal and other recyclable materials directly, using reverse bidding, live auctions, fixed-price listings, and buyer-posted purchase requests. It's operated by Mobeius Technologies Pty Ltd (ABN 49 693 656 932), based in Smithfield, New South Wales, Australia, serving traders worldwide.

Sellers list scrap material (type, grade, weight, and location) and choose how to sell it: at a fixed price, through a live auction where buyers compete by bidding, or by responding to a buyer's posted request on the Wanted Board. Verified buyers browse or bid, a deal is confirmed on the platform, payment is held in escrow, and pickup or delivery is arranged before funds are released.

ScrapTrade is a registered Australian company (Mobeius Technologies Pty Ltd, ABN 49 693 656 932, ACN 693 656 932). Every listing goes through GPS-tagged video verification before it goes live, sellers and buyers can carry KYC and business verification badges, and every transaction is protected by escrow: funds are only released once a deal is confirmed and delivery is complete.

Browsing listings, bidding in auctions, and posting a request on the Wanted Board are free. ScrapTrade also offers paid subscription plans for sellers who want expanded listing features; free usage does not require a credit card to get started.

ScrapTrade covers ferrous metals (steel, iron, HMS, cast iron), non-ferrous metals (copper, aluminium, brass, lead, zinc), electronic waste, plastics, paper and cardboard, glass, rubber, textiles, wood, construction and demolition debris, automotive scrap, and industrial equipment: any ferrous or non-ferrous metal in any quantity, no minimum required.

A local scrap yard gives you one quote, from one buyer, on one day. ScrapTrade puts a listing in front of multiple verified buyers at once (through direct offers, competitive bidding, or a buyer actively looking for that exact material), so price is set by real demand rather than a single counter offer.

General classifieds aren't built for scrap trading specifically: there's no material grading, no escrow payment protection, no seller verification, and no way to run a competitive auction. ScrapTrade is purpose-built around how scrap actually gets bought and sold: verified listings, protected payments, and pricing tools built for the material, not a generic ad.

Every deal made through ScrapTrade (a fixed-price purchase, a won auction, or an accepted Wanted Board quote) uses escrow payment protection. Funds are held securely by the platform and only released to the seller once the buyer confirms pickup or delivery, protecting both sides from non-payment or non-delivery.

Prices come from three sources depending on how a listing is sold: the seller's fixed asking price, competitive bidding in a live auction, or a direct quote in response to a buyer's request. ScrapTrade's price calculator also shows live, location-adjusted market rates for major materials, so buyers and sellers can check any listing against current market pricing before agreeing to a deal.

Reverse bidding is when a seller lists material and verified buyers compete against each other by submitting bids: the opposite of a traditional auction where one seller sets a price and buyers simply accept or decline. Because multiple buyers are bidding to win the same lot, the seller is more likely to receive a price closer to true market value than a single quote from one buyer.

ScrapTrade is an Australian-registered company with a global marketplace: verified buyers and sellers trade on the platform from multiple countries, not just Australia. The company's own structured data declares worldwide service area, and live listings on the platform regularly include sellers and buyers outside Australia.

Both. ScrapTrade is used by individual sellers with small quantities as well as scrap dealers, recyclers, manufacturers, and yards trading in bulk. There's no minimum quantity requirement, and business accounts can carry a company verification badge.

The Wanted Board lets a buyer post exactly what material they need (type, grade, quantity, and location) instead of searching through listings. Verified sellers who have a match respond with a direct quote, flipping the usual browse-and-buy model so sellers come to the buyer instead of the other way around.