Surplus Steel

Surplus Steel - Steel Exchange

Two sides, one platform
Which Side Are You On?

Surplus works both ways. Sellers turn idle stock into working capital. Buyers get material that already exists, at a price fresh procurement cannot match.

I am holding surplus stock

Excess, discontinued, slow-moving or cancelled-order material tying up floor space and working capital. We give you a second channel to move it — beyond scrap rates, to a buyer who will use it as steel.

  • Cancelled or over-ordered production material
  • Grades discontinued after a design change
  • Odd remnants and cut-bar balances
  • Stock ageing past its write-off point
  • Material from a line or plant being closed

What you get: a valuation on the lot, a matched buyer, and payment against a proper invoice. No listing fee.


I am looking for material

Steel that already exists, in a yard, today. No rolling schedule, no mill minimum, no import lead time. Usually well below the cost of fresh procurement — and sometimes the only place a discontinued size still exists.

  • Small quantities — four bars, not four tonnes
  • Odd and discontinued sizes no mill rolls any more
  • Urgent breakdown and line-stoppage requirements
  • Prototype and trial runs before a grade is finalised
  • Price-sensitive buying where the drawing allows it

The trade-off, stated plainly: the lot is what it is. You cannot ask for more of it, and the documentation is whatever came with it. We tell you exactly what a lot carries before you commit.


How it works
Matching Your Enquiry to the Right Supply Route
01
Declaration
Declaration

The seller gives the grades, forms, sizes, numbers, conditions, locations and the supporting evidence, including photographs.

Listing
02
Grade Verification
Grade Verification

Declared grade checked against whatever evidence the lot carries — certificate, heat number, marking, purchase invoice. Spectro analysis where the value justifies it.

Verification
03
Physical Inspection
Physical Inspection

Section and length measured from the declaration. Surface condition, rust, bends and cut ends were noted. Actual weight not estimated.

Inspection
03
Documentation Status
Documentation Status

Three types of evidence were captured: a full mill test certificate, partial or invoice evidence, or no evidence. You should print on the offer, never leave it vague.

Compliance
05
Valuation and Offer
Valuation and Offer

The lot is bid based on the grade, condition and documentation, and then sold to a buyer who requires the lot's grade, condition, and documentation.

Commercial
06
Dispatch and Settlement
Dispatch and Settlement

GST invoice, e-way bill and transport arranged by us. No direct contact between the buyer and seller.

Delivery
Common questions
Frequently Asked Questions

There is no fixed minimum. A single mould block can be worth listing if the grade is in demand. Very small mixed remnants are usually better sold as scrap, and we will tell you that honestly rather than waste your time.

No. Lots are offered on grade, size and condition. Your company name is not disclosed to buyers unless you ask us to.

Yes, and many buyers do for non-critical work. What we will not do is let you assume a certificate exists. Every offer states its documentation status before you commit.

Against the prevailing market rate for that grade, discounted for condition, documentation and how quickly the lot needs to move. You see the figure before you decide.

We do. Loading, e-way bill, LR copy and delivery are coordinated by us on both sides of the transaction.

Grade, Size, Quantity, Inspection Requirement

We come back with the source named and the lead time split between stock and mill-rolled material — so your planning is based on a real date, not an optimistic one.