ARRIVING IN 2012: Live Price Feeds, More Robust News Feed, and the AlloyMatch Mobile App
About AlloyMatch.com
Who are we?
We are two guys who became frustrated with losing money due to a lack of access to important information. We examined the purchase process of the industry and realized one thing popped up again and again - the person with more knowledge and expertise is usually the person making more money in every situation. As my Grandfather used to say, "We get paid for knowing more than our customers."
Consider this example: I own a small scrap yard. I purchase 1000 pounds of stainless steel from a customer. I bought it as 304 stainless, but I think it might be better than that. I hit it with my grinder and determine that the spark is shorter and redder in color than typical 304, but I don’t really know what it is. I feel safe throwing it in the 316 for an additional $0.20 per pound profit. My broker sorts through my 316 and shoots this lot with his analyzer and finds that it is Inconel 625. They make an additional $2.50 per pound profit.
I lost $2500 in extra profit to my broker because I could not properly identify the metal I purchased.
Maybe you have an analyzer already- why would you need this site?
The Recycling Industry does not take place in a lab. It takes place in junkyards. Often, we are trying to grade alloys that are covered in contaminants and these contaminants affect the accuracy of our analyzers. If you have used an analyzer, you have encountered the frustration of it providing a variation of "no match found" in the results. This is typically due to the fact that your analyzer's database of alloys contains a list of 250 of the most common alloys and their exact composition. It searches through this database trying to find a match.
The Problem - The library of alloys is too small and the search parameters are too exact. This leaves you unable to be sure if you have Inco 600 or Inco 713 and your profit hangs in the balance.
The Solution - Alloymatch.com's database contains nearly 2000 alloys and our exclusive search algorithm is designed to sift through the variations caused by contaminants. By entering the composition you received from your analyzer into our search engine, you will receive a list of matches based on statistical probability. In other words, we will tell you that there is a 78% chance that your sample is Inco 600, but there is a 98% chance that it’s Inco 713. Thus, you can feel confident in what you actually have. Again, more profits directly achieved by more knowledge.
It is this frustration with hand-held analyzers that sparked the idea for AlloyMatch.com. My analyzer kept giving me the "no match" result. I called my broker looking for answers based on the composition of the sample. In our conversation, I asked if there was a website where I could enter my composition and receive a match. He laughed and said, "Man, I wish. Wouldn't that be great." I hung up the phone and laid my head on my desk in frustration. It was then that the thought occurred to me. If I couldn't use a site like that, I’d build one.
Our family has been in the recycling business for four generations. In that time, we have learned much about how to grade alloys for maximum profits. Various methods have been used from acid tests, multi meter reading, spark analysis, and XRF analysis. It is this knowledge that we hope to pass on to you.
My grandfather was right when he said we get paid for knowing more than our customers. Unfortunately, so do the people we sell our metal to. It is for that reason that Alloymatch.com is a valuable tool to anyone at any level of the recycling playing field. Level the field; increase your knowledge, but most of all - Increase Your Profits!