+3 572 200 08 57
info@smartscrap.net
info@smartscrap.net
4 Tymvou, Mesa Geitonia
4007 Panthea
Limassol, Cyprus
4007 Panthea
Limassol, Cyprus
We are interested in attracting investments in the amount of 500,000 euros to 10,000,000 euros to create a slag processing business
Currently, about 1 billion tons of metal products are produced worldwide each year, generating approximately 350 million tons of waste.
For each ton of final product, about 400 kg of waste is produced in the blast furnace-converter steelmaking process, and 200 kg in electric arc furnace (EAF) production.
Seventy percent of steel is produced at integrated steel mills (using blast furnaces and converters), while 30% is produced in electric arc furnaces. Altogether, that’s around 350 million tons of waste per year.
Some of it gets recycled, while some doesn’t. It’s hard to say exactly how much metallurgical waste has been disposed of in total, but let's say it’s several billion tons.
For example, a legacy slag dump in the Balkans with 20 million tons of slag. There’s even a recycling company there, but the slag doesn’t sell well.
Take the former Kremikovtzi plant in Bulgaria, which operated from 1963 to 2009. Its design capacity was 2 million tons, but let’s assume it produced 1 million tons of steel annually. Over 46 years of operation, it produced 46 million tons of steel and generated 20 million tons of slag.
This is just the story of two steel mills in Europe. Imagine what’s happening on other continents. We believe there are several billion tons of metallurgical waste buried worldwide.
Even if it’s just 1 billion—that’s already enormous.
Ecologists might say: “Do you see the scale of the problem?”
We would put it differently:
Do you see the scale of the opportunity?
1 Billion Tons of Artificially Created Raw Material Sources
For each ton of final product, about 400 kg of waste is produced in the blast furnace-converter steelmaking process, and 200 kg in electric arc furnace (EAF) production.
Seventy percent of steel is produced at integrated steel mills (using blast furnaces and converters), while 30% is produced in electric arc furnaces. Altogether, that’s around 350 million tons of waste per year.
Some of it gets recycled, while some doesn’t. It’s hard to say exactly how much metallurgical waste has been disposed of in total, but let's say it’s several billion tons.
For example, a legacy slag dump in the Balkans with 20 million tons of slag. There’s even a recycling company there, but the slag doesn’t sell well.
Take the former Kremikovtzi plant in Bulgaria, which operated from 1963 to 2009. Its design capacity was 2 million tons, but let’s assume it produced 1 million tons of steel annually. Over 46 years of operation, it produced 46 million tons of steel and generated 20 million tons of slag.
This is just the story of two steel mills in Europe. Imagine what’s happening on other continents. We believe there are several billion tons of metallurgical waste buried worldwide.
Even if it’s just 1 billion—that’s already enormous.
Ecologists might say: “Do you see the scale of the problem?”
We would put it differently:
Do you see the scale of the opportunity?
1 Billion Tons of Artificially Created Raw Material Sources
Let's take a look at the companies in this sector
Harsco – company valuation: $730 million
Befesa – company valuation: $1.3 billion
The story of Befesa is truly inspiring: in just 37 years, they built a company with a market capitalization exceeding $1 billion—all based on metallurgical waste. Impressive, isn’t it?
Yet, even giants like Befesa and Harsco don’t cover the entire slag recycling market.
There is still 1 billion tons of waste waiting for someone brave enough to step in and say, “I want to work here.”
We can say exactly how to take advantage of such a massive opportunity.
On the one hand there is a lot waste waiting to be recycled. And on the other hand you can build a waste recycling company that will have a good market cap from nothing.
Befesa – company valuation: $1.3 billion
The story of Befesa is truly inspiring: in just 37 years, they built a company with a market capitalization exceeding $1 billion—all based on metallurgical waste. Impressive, isn’t it?
Yet, even giants like Befesa and Harsco don’t cover the entire slag recycling market.
There is still 1 billion tons of waste waiting for someone brave enough to step in and say, “I want to work here.”
We can say exactly how to take advantage of such a massive opportunity.
On the one hand there is a lot waste waiting to be recycled. And on the other hand you can build a waste recycling company that will have a good market cap from nothing.
Andrey Korablin
Founder
My name is Andrey Korablin, and since 2006, I’ve been involved in the recycling and sale of metallurgical waste. I started within one country—Russia. Then we began exporting abroad. Now we no longer export from Russia, but we have operated in 35 countries around the world, and we continue working in many of them.
My partners and I have processed 30 million tonnes of slag in the territory of the former Soviet Union states at 10 different sites, where we have worked with different kinds of slag.
I speak at international conferences on metallurgy and metallurgical waste.
My articles are published in industry magazines.
But that's not the main thing. The main thing is that I have access to unique solutions in the field of waste treatment. When I learn something new, I go and check for myself how it works. It is not enough for me to have theoretical knowledge about the use of certain wastes. It's important for me to see if it works and makes a profit.
As an example, my friend, the director of Iranian steel plant uses 100% of DRI fines in an induction furnace to produce billets. He was forced to learn to work with this difficult raw material because of very high scrap metal prices that did not allow him to make money.
Due to the use of DRI fines the productivity of the plant has been halved, but the plant is making $100 per 1 tonne of finished product. Those of us already in the industry will know that this is a good profit margin.
I collect such contacts. And it allows me to compete with the giants.
To be honest, I consider the waste market to be a blue ocean. If you're not familiar with the book Blue Ocean Strategy. A blue ocean is a market situation with lots of opportunities. As opposed to the red ocean where you have to fight your competitors to expand your market share, and survive.
My partners and I have processed 30 million tonnes of slag in the territory of the former Soviet Union states at 10 different sites, where we have worked with different kinds of slag.
I speak at international conferences on metallurgy and metallurgical waste.
My articles are published in industry magazines.
But that's not the main thing. The main thing is that I have access to unique solutions in the field of waste treatment. When I learn something new, I go and check for myself how it works. It is not enough for me to have theoretical knowledge about the use of certain wastes. It's important for me to see if it works and makes a profit.
As an example, my friend, the director of Iranian steel plant uses 100% of DRI fines in an induction furnace to produce billets. He was forced to learn to work with this difficult raw material because of very high scrap metal prices that did not allow him to make money.
Due to the use of DRI fines the productivity of the plant has been halved, but the plant is making $100 per 1 tonne of finished product. Those of us already in the industry will know that this is a good profit margin.
I collect such contacts. And it allows me to compete with the giants.
To be honest, I consider the waste market to be a blue ocean. If you're not familiar with the book Blue Ocean Strategy. A blue ocean is a market situation with lots of opportunities. As opposed to the red ocean where you have to fight your competitors to expand your market share, and survive.
Andrey Korablin
Founder
My name is Andrey Korablin, and since 2006, I’ve been involved in the recycling and sale of metallurgical waste. I started within one country—Russia. Then we began exporting abroad. Now we no longer export from Russia, but we have operated in 35 countries around the world, and we continue working in many of them.
My partners and I have processed 30 million tonnes of slag in the territory of the former Soviet Union states at 10 different sites, where we have worked with different kinds of slag.
I speak at international conferences on metallurgy and metallurgical waste.
My articles are published in industry magazines.
But that's not the main thing. The main thing is that I have access to unique solutions in the field of waste treatment. When I learn something new, I go and check for myself how it works. It is not enough for me to have theoretical knowledge about the use of certain wastes. It's important for me to see if it works and makes a profit.
As an example, my friend, the director of Iranian steel plant uses 100% of DRI fines in an induction furnace to produce billets. He was forced to learn to work with this difficult raw material because of very high scrap metal prices that did not allow him to make money.
Due to the use of DRI fines the productivity of the plant has been halved, but the plant is making $100 per 1 tonne of finished product. Those of us already in the industry will know that this is a good profit margin.
I collect such contacts. And it allows me to compete with the giants.
To be honest, I consider the waste market to be a blue ocean. If you're not familiar with the book Blue Ocean Strategy. A blue ocean is a market situation with lots of opportunities. As opposed to the red ocean where you have to fight your competitors to expand your market share, and survive.
My partners and I have processed 30 million tonnes of slag in the territory of the former Soviet Union states at 10 different sites, where we have worked with different kinds of slag.
I speak at international conferences on metallurgy and metallurgical waste.
My articles are published in industry magazines.
But that's not the main thing. The main thing is that I have access to unique solutions in the field of waste treatment. When I learn something new, I go and check for myself how it works. It is not enough for me to have theoretical knowledge about the use of certain wastes. It's important for me to see if it works and makes a profit.
As an example, my friend, the director of Iranian steel plant uses 100% of DRI fines in an induction furnace to produce billets. He was forced to learn to work with this difficult raw material because of very high scrap metal prices that did not allow him to make money.
Due to the use of DRI fines the productivity of the plant has been halved, but the plant is making $100 per 1 tonne of finished product. Those of us already in the industry will know that this is a good profit margin.
I collect such contacts. And it allows me to compete with the giants.
To be honest, I consider the waste market to be a blue ocean. If you're not familiar with the book Blue Ocean Strategy. A blue ocean is a market situation with lots of opportunities. As opposed to the red ocean where you have to fight your competitors to expand your market share, and survive.
Recently, we have received inquiries for the processing of 120 million tons of waste across various countries, including the USA, India, North Africa, and the Middle East.
To implement a waste recycling project, four key aspects need to be addressed:
Negotiate with the waste source
We are in the negotiation stage and need to develop an economic model based on sales forecasts.
Establish sales channels
This is an area of our expertise. Currently, it is possible to sell 100% of the processed slag.
Set up production
Over the course of our work, we have processed 30 million tons of slag across 10 different projects, including using equipment designed and built by our engineers.
Secure investments
Investments are required to execute these projects. Our goal is to identify projects with a return on investment within one year. Waste processing has always been, and remains, a highly profitable business.
By partnering with us, you’re not just investing in profitable projects—you’re contributing to a cleaner planet and driving innovation in waste recycling.
Together, we can transform challenges into opportunities.
Together, we can transform challenges into opportunities.
Andrey Korablin
a.korablin@smartscrap.net
