Reduce the burden of managing surplus materials to a single phone call. We will identify and inventory material, provide estimated valuations, market the listing, and sell to our network of thousands of trusted buyers. We can also handle scrap bin service agreements, and arrange for on-site scrap bins as needed. This infinitely customizable service comes with powerful collaboration and can be scaled to your business. Our goal is to make you feel like we are your in-house Investment Recovery team at a fraction of the price.
Why Choose MMR?
We can custom tailor our services to fit your business controls. We have a long history of making sure we follow specific procedures based on our clients’ requests. We can also provide any reports, charts, or confirmations that your business needs to see the value of our service.
WE ARE FULL SERVICE
We make investment recovery as simple as possible. Sit back and relax as we inventory, market, and use our collective 100+ years of expertise to maximize your returns on surplus goods.
WE THINK AHEAD
Investment Recovery is important to think about from the very beginning. We can be a valuable partner during your project to help limit liabilities and remove surplus before it becomes an issue.
À LA CARTE SERVICES
Take advantage of our growing list of buyers who are anxious to purchase your materials.
We will estimate the value of surplus material you have and provide our recommendation to achieve a better return.
We will make a site visit, inventory items, and show you how to take advantage of the possible returns you can achieve.
Our team is available from the planning phase through the duration of the project. We assist with demolition scope definitions in order to maximize recovery of high value equipment.
We will monitor local vendors’ reports, assist with consistent scrap bin turnover, and provide detailed reporting of scrap recovery.
We help complete negotiations, issue a bill of sale, collect funds, and release material – therefore becoming the main audit point to meet all controls.
Here are a few of the jobs that we have successfully completed.
Brass Exchanger Bundles
|Brass Exchanger Bundles comprising:|
|Admiralty Brass||25,148 lbs||Scrap Price $1.61||Bid Price $2.02|
|Carbon Steel||15,192 lbs||Scrap Price $0.10||Bid Price $0.09|
|Total Sale Price||$52,166.24|
|Contracted Scrap Value||$42,007.48|
|Furnace tubes consisting of:|
|Stainless Steel 304||86,102 lbs|
|Inco 800||18,932 lbs|
|Carbon Steel||23,326 lbs|
|Paper Back||320 lbs|
|Total Sale Price||$127,498.07|
|Contracted Scrap Value||$120,848.30|
|Ten lots of equipment consisting of:|
|Front End Loader|
|Total Sale Price||$62,503.00|
|Net Book Value||$40,000.00|
Valves, Motors, Transformers
|Sales consisting of:|
|71 ea. Valves|
|153 ea. Motors|
|21 ea. Transformers|
|Total Sale Price||$34,625.00|
|Estimated Fair Market Value
(based on scrap value)
Material Management Resources
Scrap Contract Stewardship
- Pricing is tied to America Metal Market’s index
- Reconcile weight tickets monthly and confirm pricing per contract in place
- Collect funds from scrap vendor, then remit to client
- Report data to client per pre-established guidelines
Summary of Gross Tons of Scrap Removed from Refineries