Armco Metals Holdings, Inc. (Armco) is engaged in the business of metal ore trading and distribution, and scrap metal recycling. In its metal ore trading and distribution business, the Company imports, sells and distributes to the metal refinery industry in China a range of metal ore that includes iron, chrome, nickel, copper, titanium and manganese ore, as well as non-ferrous metals and coal. Armco obtains its products from global suppliers in primarily Brazil, India, Indonesia, Ukraine and the United States. In its scrap metal recycling business, Armco recycles scrap metal at its recycling facility, located in Banqiao Industrial Zone in China, and sells the recycled product to steel mills in China for use in the production of recycled steel. The Company provides sourcing and pricing services for various metals to its network of customers. As of December 31, 2014, Armco had an annual production capacity at the recycling facility of 600,000 metric tons.