Iron and Steel Scrap Recycling Market
Iron and Steel Scrap Recycling Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Iron and Steel Scrap Recycling Market Size and Growth
The Iron and Steel Scrap Recycling market is witnessing significant growth, driven by increased demand for sustainable production methods. The global market size is projected to reach approximately $500 billion by 2027, reflecting a CAGR of around 6%. Rising environmental awareness and regulatory support further enhance market potential in various regions. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ OmniSource Corp.
◍ Metal Management Inc.
◍ Tube City
◍ Hugo Neu Corp.
◍ Ferrous Processing & Trading Co. (FTP)
◍ Schnitzer Steel Products
◍ PSC Metals
◍ David J. Joseph Co. (DJJ)
◍ AMG Resources Corp.
◍ Commercial Metals Co. (CMC)
◍ Simsmetal America
◍ Alter Scrap Processing
◍ Joseph Behr & Sons Inc.
◍ Camden Iron & Metal Inc.
◍ Mervis Industries
◍ Galamba Metals Group
◍ American Iron & Metal
◍ American Iron & Metal Co
The Iron and Steel Scrap Recycling Market features major players like OmniSource, Metal Management, and Schnitzer Steel. These companies enhance market growth through efficient recycling processes, innovative technologies, and expanding operational capacities.
Sales revenues (estimates):
- Schnitzer Steel: ~$1.6 billion - Commercial Metals Co.: ~$6.7 billion
- David J. Joseph Co.: ~$3 billion
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Market Segmentation
By Application
Building & Construction
Automotive ◍ Electrical & Electronics ◍ Industrial Machinery
Others
By Product
◍ Heavy Melting Steel
Old Car Bodies
Cast Iron
Pressing Steel
Manganese Steel
Rails
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Market Growth
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$ X Billion USD
