Wednesday, May 31, 2023

Scrap metal: The startup from Parana will sell more than 5,000 tons of Votorantim

There is a clear benefit in the use of ESG indicators in the development of projects in the region: reduced consumption of natural resources and consequently less impact of work on nature.

The market segment is always on the agenda when it comes to economics and ESG (environmental, social and governance). It was also the theme of the soap opera world. Who doesn’t remember “Queens of Scrap Metal” in the nineties? But in recent years, the sector has achieved a new dynamic and asset trading with the help of technology, adjusting prices and generating greater gains, and, of course, contributing to the environment.

Photo: SIX

On April 13, for example, Votorantim will sell more than 5,000 tons of waste from its units for two days (also known as electronic waste) on the SYX platform.

There is a large amount of small metals, industrial maintenance, iron, manganese and chromium. They are located in different regions of Brazil, such as PR, MA, PE, BA, PA, CE, SE, AM, MS and RJ. The company is selling most of its scrap metal to the Paraná startup, turning previously planned funding into revenue.

In 2022, SYX will sell 4,800 tons of common steel and 8,300 tons of broken non-ferrous metals, such as manganese, copper, chromium, and aluminum, all through a digital platform that connects selling companies with buyers from all over Brazil, who go through the treatment to understand the environmental requirements

According to Márcio Danielewicz, general director of SYX, “the sales process carried out by SYX is fully aligned with the regulations in force in the country and the purchase of tailings is only carried out if the interested parties present all the correct documents”; explains

“In fact, the market has experienced a slight price adjustment in the last four months. Steel companies, foundations and exporters are adapting to the new demand for materials both in Brazil and abroad, especially in the next 30 days. This is due to the reduction by the founders, which is finally reflected in the collective vacations for the car companies, concomitantly with the decrease of the vehicles sold and the high profits. The steel industry is also led by civil construction and important materials from Turkey at a lower cost”, reflects Danielewicz.

And it helps the market to be positioned in this instability because SYX mediates the purchase and sale of industrial goods, searching for appropriate prices every minute and, several times, concluding the operation with a revaluation.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news


Please enter your comment!
Please enter your name here