We close the loop.

We close the loop.

We are a global leader in the trading, processing and recycling of raw materials for the stainless steel industry as well as high performance materials such as superalloys, titanium and carbon fibres.

We are ELG

We are specialists in three areas of expertise:

  • Ever since we were founded it has been our business to turn chromium-nickel alloyed scrap into secondary raw materials for the stainless-steel industry.
  • Secondly, we recycle high-performance materials such as superalloys and titanium, mainly for the aerospace industry.
  • Thirdly, we recycle carbon fibres for sustainable lightweight use in the automotive and transportation industries.

Recycling is our expertise

We are pioneers, trailblazers and global market leaders in the business of recycling raw materials. It is our core expertise to trade sophisticated raw materials globally, to reprocess them with high-tech and to recycle them for the industry.

Our head office is located in Duisburg. From there, our recycling network spans around the entire world. We work with more than 4,000 pre-suppliers on all five continents. This enables us to recycle more than one million tonnes of raw materials every year, making them available to our customers precisely and exactly as required by their respective industry. As a result, we can offer tailor-made products and complete the value-added circle.

Our Management

Joint Leadership

Detlef Drafz

Detlef Drafz is the Chief Executive Officer of ELG. In his position as CEO he is responsible, amongst other things, for Corporate Development, Strategy and Innovation. As a business graduate his career path led him through job posts in the Haniel Holding and the Eisenlegierungen Handelsgesellschaft mbH – and after that all the way to the corporate headquarters of ELG. In 1994, Detlef Drafz became the head of the ELG Controlling & Finance department. In 2007, he was promoted to the CFO of ELG. 2012 he was appointed Chief Executive Officer of ELG.

Mathias Rist

Mathias Rist is Chief Financial Officer and General Manager of the ELG Haniel GmbH. In his position as CFO he is responsible for Finance, Controlling & Accounting, IT, Internal Audit and Legal. Besides securing the groups profitability, his focus is on stragically reorganizing the company. After his business studies in the German armed forces, Mathias startet his professional career at the consulting firm KPMG. After that he worked for the steelmakers Thyssenkrupp and Schmolz + Bickenbach as CFO. During this time he was already been in charge of Finance, Accounting, Controlling, IT and commercial areas. In 2020 he joined ELG as the new CFO. 

Facts and Figures



Duisburg, Germany: Company headquarters




in 20 countries on five continents

We close the loop: CO2 savings through recycled raw materials


Million tonnes

recycled raw materials per year

Million tonnes

CO2 savings per year
≙ 444

wind turbines'

CO2 savings per year

Our company philosophy

Creating value, living values

At ELG we promote top-quality recycling products, sustainability and professional and trustworthy services. Our longstanding success story is not only based on our technical know-how, but also on our philosophy of creating value and living our values. We foster responsibility, kindness and openness. We take a stance. We live loyalty and transparency. We protect the environment. We respect each other and encourage innovative ideas. All of this is just as much a part of our corporate philosophy as it is to enable our employees to develop and grow. Our vision is to continue our success story and to do it perfectly.

Now and then

From a Start-up to a Global Player

It all started in 1962 in Duisburg with a small company named Eisenlegierungen HGmbH. Incidentally, our international brand name ELG dates back to the name of the German company Landesgesellschaft Eisenlegierungen, which still exists today. Through steady expansion our once-small company grew into a global player within five decades. An important milestone in the success story of ELG took place in the 1980s when Franz Haniel & Cie. GmbH, a family-owned private equity investor from Duisburg, took over the company. This opened the door for further investments into new subsidiaries and international joint ventures. It helped ELG to expand its global market position in a sustainable manner.

some milestones in the history of ELG


Foundation of Eisenlegierungen Handelsgesellschaft mbH in Duisburg (D)


Foundation of ELG Haniel Metals Ltd. in Sheffield (UK)


Acquisition of Steelmet Inc, Pittsburgh, PA (USA), now ELG Metals. Inc.


Complete takeover of ELG Haniel GmbH by Franz Haniel & Cie.

Acquisition of Figespa S. A. / Ferinox S. A. in Paris / Nanterre (F)


Acquisition of the Utica Alloys Group based in Utica, New York, (USA), today ELG Utica Alloys Group


Acquisition of Recycled Carbon Fibre Ltd. in Coseley (UK), now ELG Carbon Fibre Ltd.


Foundation of the initiative "ELG Innovation Experience" (EIE) to bundle group-wide innovation and digital activities such as the MyELG App 


Mitsubishi Corporation acquires strategic stake in ELG Carbon Fibre Ltd.

Hand in hand – ELG and Haniel

Accomplishing more together

For more than 20 years, ELG has been a part of Franz Haniel & Cie. GmbH, one of the largest private investment firms in Germany, which has been family-owned since its founding in 1756. As a part of the versatile portfolio of the Haniel Holding, ELG contributes over 3.5 billion euros to their annual revenues and, in return, can rely on them as a financially strong partner in the background.

Haniel Website