IREPS Material Categories: Ferrous, Non-Ferrous & Others
Understanding IREPS's material classification matters directly for scrap traders, since category determines which auctions are relevant to your business.
Understanding IREPS's material classification matters directly for scrap traders, since category determines which auctions are relevant to your business.
Ferrous scrap (iron and steel-based material) represents a significant share of railway scrap volume, given the nature of railway infrastructure and rolling stock.
Non-ferrous scrap (copper, aluminium, and other non-iron metals) typically commands different pricing dynamics and trader interest, often with more specialized buyer pools.
Beyond metal scrap, other categories include obsolete equipment, surplus materials, and specific asset disposals — each with its own valuation considerations and buyer base.
Frequently Asked Questions
Does material category affect EMD requirements?
EMD is generally tied to the specific auction/lot value rather than category alone, though higher-value non-ferrous lots can carry higher deposits.
Should a new trader specialize in one category?
Building expertise in one category's valuation and market dynamics before expanding is often a sound approach for new entrants.
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