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% during 2018-2025.
This report focuses on the global Metal Waste and Recycling status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Metal Waste and Recycling development in United States, Europe and China.
The key players covered in this study
Commercial Metals Company
SIMS Metal Management Limited
European Metal Recycling Limited
Tata Steel Limited
Baosteel Group Corporation
Market segment by Type, the product can be split into
Market segment by Application, split into
Building & Construction
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Metal Waste and Recycling status, future forecast, growth opportunity, key market and key players.
To present the Metal Waste and Recycling development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Metal Waste and Recycling are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.