Ferrous Processing and Trading (FPT) is one of North America’s premier processors, sellers, and recyclers of scrap metals of all kinds. They are supported by the unique skills and experience of the management, commercial, and operations teams. Their ownership assures both financial strength and a deep commitment to the industry and their customers. FPT’s reputation is built on the core values of integrity, expertise, responsiveness, and creativity in the scrap metal recycling industry.
Ferrous Processing and Trading is a key supplier to the metals industry of North America. They are also a major scrap metals management company for the U.S. auto industry. From every stage of the metal recycling process from the assembly line to the used parts pile then through the scrap processing yard and into the furnace, FPT has the right answers for handling and marketing metal.
INTEGRITY
Our core values are very important, integrity being the first one. From our largest manufacturing customer to our smallest peddler supplier…from our senior executives to our yard laborers; we share a common commitment to doing the right thing. We are very proud of our long-standing trade relationships where mutual trust and confidence have built ever stronger over the years. We are in business for the long pull, and our reputation for straight forward dealing is one of our cherished assets.
RESPONSIVENESS
While we have grown to be one the country’s largest scrap metal processors and sellers, we have worked hard to retain the best attributes of our founding companies; particularly the ability to react quickly and decisively to issues and opportunities. When circumstances dictate, we can quickly deploy our breadth of talented personnel, equipment and capital to respond to developments while they are still fresh. We are regularly complemented by our customers and associates for our ability to quickly mobilize.
EXPERTISE
One particular benefit of our background and growth has been the acquisition of our team of management, commercial and operations personnel with skills and experience that are some of the broadest and deepest in the industry. This has fostered our commitment to continue to build on and develop new generations of industry leaders with superior skills, training and exposure to help secure a successful and competitive future for years to come.
CREATIVITY
A serious look at our array of successful customers in the steel making, foundry and automotive industries shows that their leadership and management have been visionary and innovative in both their business models and their response to market conditions. Our management and ownership share the same creative perspective toward dealing with constantly evolving markets and technology. Many of our signature successes for which we are recognized in the industry are the result of this creativity and the commitment to see it through.
Financial Strength
- FERROUS PROCESSING & TRADING provides a full range of scrap recovery processes and scrap-derived raw materials for the metal industries. We are North America’s leading scrap management professionals.
- The financial strength of Ferrous Processing & Trading allows them to purchase and process scrap metals from various sources. Our purchasing and processing capabilities allow us to buy scrap metal from the local business owner and neighborhood scrap yard to the OEMs, industrial stamping facilities and Tier One automotive suppliers.
- Ferrous Processing & Trading is rated one of the Top 10 scrap metal recyclers in the United States.
- Ferrous Processing & Trading is a world-class supplier of recyclable metals to the steel industry. Continual quality improvements and processing capabilities have strengthened the company’s position as a market leader.
Ferrous Processing & Trading’s financial strength comes from the ownership by Soave Enterprises, a privately-held, Detroit-based diversified management company that provides strategic planning, financial resources, professional services and technical expertise to its diverse group of holdings.