Indicaa was established in 1993 in the Isle of Man, UK, and commercial operations began...

Indicaa was established in 1993 in the Isle of Man, UK, and commercial operations began the following year in Dubai, UAE. Beginning with trading in steel products, Indicaa quickly diversified into the previously unexplored area of ferrous scrap metal trade, with particular focus on its vast potential within the Middle East and the Indian subcontinent.

In less than six years, Indicaa’s ballooning growth led to scraps metal procurement in Africa. This immense success prompted expansion into Southeast Asia and subsequently Vietnam, where Indicaa soon became a pioneer in the scraps metal trade. Six years later, the year 2005 saw Indicaa’s annual volumes rise to a colossal 500,000 tonnes.

As Indicaa’s stronghold in Coastal Africa grew, the market reach multiplied to encompass nearly all nations that import scrap metal, from Eastern Pakistan up to Korea. Once the demand for the exporting of scrap metal grew from Europe and the USA, Indicaa soon began procurement from the West. Operations in Poland were launched in 2012, spreading Indicaa’s reach even further to countries from the Eastern Bloc. Operations in Brazil and the USA were also launched in 2012 and 2014 respectively.

Today, Indicaa commands nearly one-tenth of the world trade in containerized scrap metal. The pioneering method of transporting scrap metal in containers gives Indicaa an exclusive edge over the industry, particularly in Asia, where it continues to satisfy its consumers with diverse requirements of quality, quantity and varying buying patterns.