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Schrott24

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

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

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.

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

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 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.	AT (GRAZ)	coordinator	50˙000.00

Map

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.