A method of forming a metal matrix component and product that comprises forming scrap sheet metal material, shredding the scrap sheet metal material to a predetermined size range, filling the shredded scrap sheet metal material into a compacting die, adding an adhesive material to the shredded scrap sheet metal material in the compacting die, compressing the shredded scrap sheet metal material and curing the adhesive to form a metal matrix component. The product comprises an inertia ring that may be used in a crankshaft damper.