Nathan Fruchter

Nathan Fruchter is the founder of Idoru Trading Corp., an independent ferrous scrap metal trading company that has expanded to include other recycled products. He started his career at Marc Rich & Co. in New York in 1984, He was later sent to London to build Glencore’s European ferrous scrap operations, developing trans-shipment terminals for the group in Rotterdam, Amsterdam, Antwerp and Gdansk, Poland. He also is the principal of Global Recycling Consult. a New York-based consulting firm assisting companies seeking help and services in the ferrous scrap and related sectors. Fruchter has a B.A. in economics and political science from Yeshiva University.

Brazil’s temperamental relationship with ferrous scrap

A veteran scrap trader says steelmakers in Brazil have had an on-again, off-again love affair with imported scrap.

Brazil’s temperamental relationship with ferrous scrap

A veteran scrap trader says steelmakers in Brazil have had an on-again-off-again love affair with imported scrap.

Are changes in direction due?

A veteran scrap trader considers the potential next wave of changes that could affect global ferrous scrap flows.

New trade trends

Shifting scrap deficits and fallout from Trump’s tariffs might usher in the next wave of changes to the market price indicator and other aspects of the ferrous scrap trade.

Ferrous scrap trader Nathan Fruchter looks back at the evolution of global ferrous scrap trading across several decades.