MEXARAمكسارا لتجارة المعادن
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B2B market for metals and recycled metals · Saudi Arabia

Metal, traded in the open.

The digital market for metals and recyclable materials

MEXARA connects verified scrap generators, collectors, recyclers, traders, smelters and foundries in one market. Every company is checked, every lot is traceable, and every trade is documented from source to furnace.

Join early access How it works
World prices in USD
The market

Scrap is a supply chain. It should trade like one.

Today, most recycled metal in the Kingdom changes hands by phone, on trust, with the price set by whoever you happen to know. MEXARA replaces that with verified counterparties, open price discovery and a record of every tonne.

RFQ

Request for quotation

Buyers post the grade, tonnage and delivery window they need. Verified sellers quote against it, and the buyer awards the best offer.

Auction

Sealed-bid auctions

Sellers list a lot and bids stay sealed until close. No one sees a rival's price, so the result reflects what the metal is actually worth.

Lots

Listed lots

Inspected, graded lots with weight, grade and origin on the listing. Reserve a lot and the platform guards it against being sold twice.

Trust, before trade

No company trades until it is verified.

Every participant goes through the same onboarding journey. It runs in order, and market access opens only at the last step.

  1. Company check

    Commercial registration confirmed against WATHQ records.

  2. Representative

    The person acting for the company is confirmed as authorised to do so.

  3. MWAN licence

    Waste-management licences reviewed where the company's role requires one.

  4. KYB review

    An independent reviewer approves the business before it can trade.

  5. Market ready

    Access opens, and licence expiry is watched from then on.

Metal Passport

Know where every tonne came from.

Each lot carries a passport: its declared source, its inspection, its grade, and every hand it passes through. At delivery, the weighbridge reading is reconciled against the contract, so buyers pay for the metal that actually arrived.

Illustrative example. Not a real lot.

Who it serves

One market for the whole metal chain.

Scrap generators

Factories, contractors and demolition sites that want a fair price for what they clear out.

Collectors

Yards that aggregate scrap and need steady buyers for mixed and sorted loads.

Recyclers

Processors who sort, shred and bale, buying input and selling graded output.

Traders

Merchants who move volume between regions and need clean, documented counterparties.

Smelters and foundries

Mills that need reliable feedstock with a known grade and a known origin.

Logistics and inspectors

Hauliers and inspection firms who move, weigh and certify the metal in between.

How money moves

We run the market. We never hold the money.

No custody of funds

Payments go through a licensed payment provider, straight between buyer and seller. MEXARA never holds customer money.

Built for ZATCA e-invoicing

Invoices are designed around Saudi e-invoicing rules, with VAT calculated and checked on every trade.

Credit you can see

Counterparty limits and outstanding exposure are tracked, so no one trades beyond what they can settle.

Two sets of eyes

Fee changes, licence approvals and refunds need a second person to approve them. No single account can push them through.

Early access

Bring your metal to market.

MEXARA is preparing for launch. Leave your details and we will contact you when onboarding opens for your type of business.