With 89% of suppliers verified through business validation and 82% confirmed via phone verification, buyers can trust the legitimacy of the sourcing pool—reducing the risk of fraud in a category where quality and authenticity are hard to verify. A common MOQ of 62 MT means most suppliers are built for large-volume buyers, so buyers can leverage scale to secure better pricing and logistics terms. Meanwhile, the wide reference price range of $10 to $4,800 per MT—driven by origin and scrap quality—means buyers must verify both supplier credibility and scrap type to avoid overpaying, making due diligence not just a formality but a critical step in cost control.