Metal Scrap includes ferrous scrap and non- ferrous scrap.
Iron and steel scrap, also referred to as ferrous scrap, comes from end of life products (old or obsolete scrap) as well as scrap generated from the manufacturing process (new, prime or prompt scrap). Obsolete ferrous scrap is recovered from automobiles, steel structures, household appliances, railroad tracks, ships, farm equipment and other sources.
Nonferrous metals, including aluminum, copper, lead, nickel, tin, zinc, and others, are among the few materials that do not degrade or lose their chemical or physical properties in the recycling process. As a result, nonferrous metals have the capacity to be recycled an infinite number of times.
Metals are among the first materials to be captured in the recycling process. They are a great recyclable because of their high value, metal density lends to efficiency in transport, and the properties of metals allow them to recycled again and again. The scrap metal recycling in the United States is to be a $26.83 billion industry in 2018, and metal recyclers in the U.S. handle about 120 million tons of recyclables each year. Some of these major recyclables are iron, steel, aluminum, copper, lead, and zinc.
Scrap metal is generated as a by-product of industrial manufacturing, construction and demolition, and the disposal of obsolete metal products. It is a continuous resource made from appliances, buildings, bridges, airplanes, old cars and more. Scrap metal is truly one of our our most precious resources because it will never be depleted, and it can be remelted and reshaped into new products countless times.
The global Metal Recycling market is volume at 612619 K MT in 2017 and is expected to reach 688044 K MT by the end of 2025, growing at a CAGR of 1.46% between 2017 and 2025.
In 2017, the global Metal Waste and Recycling market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2018 and 2025.
This report studies the Metal Waste and Recycling market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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This report focuses on the global top players, covered
Commercial Metals Company
SIMS Metal Management Limited
European Metal Recycling Limited
Tata Steel Limited
Baosteel Group Corporation
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Market segment by Application, the market can be split into
Building & Construction
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