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                                                                    EXHIBIT 23.1


                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in the Prospectus 
constituting part of this Amendment No. 1 to the Registration Statement on Form 
S-4 (No. 333-58875) of the following: our report dated May 28, 1998, appearing 
in Metal Management, Inc.'s Current Report on Form 8-K dated October 5, 1998 
(filed October 6, 1998); our report dated August 12, 1997, except as to Note 7, 
which is as of March 9, 1998, relating to the financial statements of Aerospace 
Metals, Inc., appearing in Metal Management, Inc.'s Current Report on Form 8-K 
dated May 1, 1998 and our report dated June 23, 1998, relating to the Naporano 
Iron & Metal Co. and Nimco Shredding Co. financial statements appearing in 
Metal Management, Inc.'s Current Report on Form 8-K/A dated July 1, 1998 (filed 
July 10, 1998). We also consent to the reference to us under the heading 
"Experts" in such Prospectus.


PricewaterhouseCoopers LLP
Chicago, Illinois
October 5, 1998