Formed in 2001 from the merger of Smorgon Metal Recycling and Metalcorp Limited, the business now trades as Smorgon Steel Recycling.

Smorgon Steel Recycling operates from 39 locations throughout all States of Australia, New Zealand and China employing over 550 people and is the fastest growing metal recycling business in Australia.

The business supplies more than one million tonnes per year of ferrous and non-ferrous scrap to the domestic and export markets. Smorgon Steel Recycling also operates aluminium smelters at Gladestone, Queensland and Bell Bay, Tasmania.

Smorgon Steel Recycling exports steel scrap to Korea, Taiwan, Thailand and Indonesia, among others, complementing sales to domestic steel mills in Australia. In July 2002 a new office was opened in Shanghai to facilitate increased exports to China. In February 2003 a new trading office was opened in Auckland, New Zealand.

Having installed high quality processing equipment and reduced costs, Smorgon Steel Recycling is well placed to take advantage of any improvement in world commodity prices.