ScrapBull
Reverse Auctions

Maximize Value with Live Bidding

Drive down procurement costs through competitive, real-time bidding events. Engage verified suppliers and secure the best market rates for your scrap metal.

5 SuppliersActive Now
-12% vs MarketSavings
LIVE AUCTION15:00

Lowest Bid (USD/MT)

450
Reserve MetTarget: $440
Recent Activity

MetalRecycle Corp

Just now

$450

Global Scrap Inc

1m ago

$455

EcoMetals Ltd

3m ago

$462

Real-time Bidding

Watch the Market Move

Experience the thrill of real-time price discovery. Watch as suppliers compete for your business, driving costs down in a transparent, dynamic environment.

Live Updates.
Bids appear instantly as they are placed, with visual indicators for price drops and new leaders.

Live Auction Feed

Real-time bid tracking & analytics

LIVE

Price Trend

Last 30 Mins
$520
$510
$495
$480
$475
$460
$455
$450
StartNow

Recent Bids

$45010:42:15

MetalRecycle Corp

$45510:41:58

Global Scrap Inc

$46210:41:30

EcoMetals Ltd

$46510:40:12

IronWorks

Landed Cost Ranking

Real-time comparison including logistics & taxes

Incoterms: DDP
1
MetalRecycle CorpBest Value
Base: $420.00
$442.50
Landed Cost
2
Global Scrap Inc
Base: $425.00
$445.00
Landed Cost
3
EcoMetals Ltd
Base: $430.00
$450.00
Landed Cost
4
IronWorks
Base: $435.00
$452.00
Landed Cost

Automated Intelligence

Instant Winner Identification

No more manual spreadsheets. Our system automatically ranks bids based on total landed cost, factoring in shipping, taxes, and quality adjustments instantly.

Total Landed Cost.
We calculate the true cost of every bid, so you can make the most profitable decision every time.

Strategic Impact

Measure Your Success

Track the tangible impact of your reverse auctions. Generate detailed reports on savings achieved against historical benchmarks and market indices.

Performance Analytics.
Visualize savings per auction and track supplier participation trends over time.
Auction CompleteID: #8821-Cu

Total Savings Realized

$12,45014.2% below target

Starting Price

$485.00

Final Price

$442.50

Duration

45m 12s

Price Performance

$485
Market
$460
Target
$442
Final

12

Active Bidders

Total Bids45
EngagementHigh

Reverse Auctions FAQ

Everything you need to know about running competitive bidding events.

Auction Strategy

Bidding Process

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