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Schrott24

Scrap dealing in the digital age: a transparent and efficient platform for price and supply chain management

Total Cost €

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EC-Contrib. €

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Partnership

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 Schrott24 project word cloud

Explore the words cloud of the Schrott24 project. It provides you a very rough idea of what is the project "Schrott24" about.

dealing    marketplace    financial    transparent    perfectly    itself    negotiation    date    tandem    schrott24    customers    advantage    network    strategy    worldwide    operate    recyclers    commercialise    full    regional    trade    align    maximise    mobile    instrument    clear    environmental    historically    fashioned    accordingly    paid    options    solutions    sme    consuming    transport    guaranteed    metal    web    trustworthy    dealers    commercialisation    innovation    maximum    navigate    anywhere    subsequently    shift    online    untrustworthy    capacity    sellers    standard    brings    prototype    guarantees    daily    scrap    time    industry    market    anytime    price    digital    platform    transparency    software    select    smelters    offline    choose    extensive    trading    mission    difficult    care    simply    complete    enormous    recycler    aligns    returns    allowed    austria    prices    germany    leveraging    helps    updated    economic    radical   

Project "Schrott24" data sheet

The following table provides information about the project.

Coordinator
SCHROTT24 GMBH 

Organization address
address: VINZENZ-MUCHITSCH-STR.14
city: GRAZ
postcode: 8020
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Austria [AT]
 Project website http://chrott24.at
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-06-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SCHROTT24 GMBH AT (GRAZ) coordinator 50˙000.00

Map

Leaflet | Map data © OpenStreetMap contributors, CC-BY-SA, Imagery © Mapbox

 Project objective

Schrott24 is a digital platform, available as a web-based platform and mobile application that helps scrap metal sellers to maximise their financial returns and scrap metal recyclers to operate at full capacity. Schrott24 brings the old-fashioned, regional and offline industry of scrap dealing online where dealers can trade anywhere and anytime for the best price. Our technology brings transparency to this marketplace that has historically been untrustworthy and difficult to navigate. Sellers simply select the scrap they want to trade, choose their method of transport, and get paid accordingly. This is a radical shift from the time consuming options that are currently available. Best prices are guaranteed for customers as we take care of the negotiation with the scrap recycler. Our scrap metal prices are updated daily to align with the current market standard.

The SME Instrument project aligns itself perfectly with the innovation strategy and mission of Schrott24: to commercialise a novel, easy-to use, transparent and trustworthy platform for trading scrap metal that guarantees best price for sellers and maximum returns for recyclers and smelters. While it has enormous economic and environmental potential, funding is required to achieve our objectives in order to reach full commercialisation. Funding to date has allowed us to develop our technology into a working prototype that is operational in Germany and Austria.

The SME Instrument would enable us to complete the development of our technology and fully commercialise throughout Europe and subsequently worldwide. By leveraging our extensive network in the scrap industry, in tandem with our developed software, we have a clear advantage over existing solutions.

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The information about "SCHROTT24" are provided by the European Opendata Portal: CORDIS opendata.

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