Metal Recycling Market Research Report – Forecast to 2030

Metal Recycling Market, By Metal Type (Ferrous, Non-ferrous), Scrap Metal (Old Scrap, New Scrap), By End-user (Packaging, Shipbuilding, Automotive, Construction, Others) - Forecast till 2030

ID: MRFR/CO/1633-CR | February 2020 | Region: Global | 111 pages

Impact of the COVID-19 outbreak on the Metal Recycling Market
Metal Recycling Market


Metal recycling involves the recycling of scrap metal to render it reusable without changing its properties. The key factor boosting the market growth is the increasing demand for beverage cans. The increasing consumption of alcoholic beverages such as cider and beer is driving the need for beverage cans, which, in turn, fuels the growth of the metal recycling market. The COVID-19 pandemic has spread globally and has impacted several industries. The lockdowns imposed by the governments in various countries in Q1 2020 has placed restrictions on the opening of restaurants, hotels, and liquor shops, which has decreased the use of beverage cans and is thus hindering the growth of the market. Besides, construction is the fastest-growing segment in the market. The need to decrease the environmental effects of mining metals has stimulated the use of recycled metals in the construction industry. However, the drastic impact of the COVID-19 pandemic on the construction industry has also affected the metal recycling market. Also, government policies during the outbreak of COVID-19 have significantly altered the global energy demand. The COVID-19 lockdown has led to a decline in global carbon emissions by more than 15% in early April 2020 as compared to April 2019. The decrease in greenhouse gas emissions is expected to hamper the growth of the market over the forecast period.


U.S. Iron and Steel Scrap Exports (2014–2019)

1 Executive Summary

2 Market Introduction

2.1 Definition 22

2.2 Scope of the Study 22

2.3 Market Structure 23

2.4 List of Assumptions 23

2.5 Key Takeaways 24

2.6 Key Buying Criteria 24

3 Research Methodology

3.1 Research Process 26

3.2 Primary Research 26

3.3 Secondary Research 27

3.4 Market Size Estimation 28

3.5 Forecast Model 29

4 Market Dynamics

4.1 Introduction 31

4.2 Drivers 32

4.2.1 Rise in awareness about energy conservation and natural resources 32

4.2.2 Increasing demand for beverage cans 32

4.2.3 Decreased greenhouse gas emissions 33

4.2.4 Drivers Impact Analysis 34

4.3 Restraints 34

4.3.1 Tiring and expensive metal scrap sorting process 34

4.3.2 Fluctuation in raw material prices 34

4.3.3 Restraints Impact Analysis 35

4.4 Opportunity 36

4.4.1 Rapid industrialization and urbanization in developing nations 36

5 Market Factor Analysis

5.1 Porter’s Five Forces Analysis 38

5.1.1 Threat of New Entrants 39

5.1.2 Bargaining Power of Suppliers 39

5.1.3 Threat of Substitutes 39

5.1.4 Bargaining Power of Buyers 39

5.1.5 Segment Rivalry 39

5.2 Supply Chain Analysis 40

5.3 Ferrous Scrap Import & Export Analysis 41

5.3.1 Ferrous Scrap: Export and Import by Major Countries 41

5.3.2 South East Asia: Ferrous Scrap Export and Import, 2020-2027 43

5.3.3 Middle East: Ferrous Scrap Export and Import, 2020-2027 44

5.3.4 Africa: Ferrous Scrap Export and Import, 2020-2027 45

5.4 Aluminum Scrap Import & Export Analysis 46

5.4.1 Aluminum Scrap: Export and Import by Major Countries, 2020-2027 46

5.4.2 Southeast Asia: Aluminum Scrap Export and Import, 2020-2027 48

5.4.3 Middle East: Aluminum Scrap Export and Import, 2020-2027 49

5.4.4 Africa: Aluminum Scrap Export and Import, 2020-2027 50

5.5 Pricing Analysis 51

5.6 Manufacturing & Labor Cost Structure Analysis of Metal Recycling 52

6 Global Metal Recycling Market, By Metal Type

6.1 Overview 54

6.1.1 Ferrous 54

6.1.2 Non-Ferrous 54

7 Global Metal Recycling Market, By Scrap Metal

7.1 Overview 57

7.1.1 Old Scrap 57

7.1.2 New Scrap 57

8 Global Metal Recycling Market, By End-User

8.1 Overview 60

8.1.1 Construction 60

8.1.2 Automotive 60

8.1.3 Shipbuilding 60

8.1.4 Packaging 61

8.1.5 Others 61

9 Global Metal Recycling Market, By Region

9.1 Americas 64

9.1.1 U.S. 68

9.1.2 Canada 72

9.1.3 Rest of Americas 75

9.2 Europe 78

9.2.1 Germany 84

9.2.2 U.K 87

9.2.3 Italy 91

9.2.4 Spain 95

9.2.5 Belgium 99

9.2.6 Netherlands 103

9.2.7 Rest of Europe 106

9.3 Asia Pacific 110

9.3.1 China 115

9.3.2 Japan 119

9.3.3 India 122

9.3.4 Southeast Asia 126

9.3.5 Rest of Asia Pacific 130

9.4 Middle East & Africa 133

9.4.1 Middle East 139

9.4.2 Africa 142

10 Competitive Landscape

10.1 Competitive Landscape 147

10.2 Market Share Analysis 148

11 Company Profiles

11.1 ArcelorMittal S.A. 150

11.1.1 Company Overview 150

11.1.2 Financial Overview 150

11.1.3 Products Offerings 151

11.1.4 SWOT Analysis 151

11.1.5 Key Strategy 151

11.2 Nucor Corporation 152

11.2.1 Company Overview 152

11.2.2 Financial Overview 152

11.2.3 Products Offerings 153

11.2.4 Key Developments 153

11.2.5 SWOT Analysis 153

11.2.6 Key Strategy 153

11.3 Commercial Metals Company 154

11.3.1 Company Overview 154

11.3.2 Financial Overview 154

11.3.3 Products Offerings 155

11.3.4 SWOT Analysis 155

11.3.5 Key Strategy 155

11.4 Novelis Inc. 156

11.4.1 Company Overview 156

11.4.2 Financial Overview 156

11.4.3 Products Offerings 156

11.4.4 Key Developments 157

11.4.5 SWOT Analysis 157

11.4.6 Key Strategy 157

11.5 Norton Aluminium Ltd. 158

11.5.1 Company Overview 158

11.5.2 Financial Overview 158

11.5.3 Products Offerings 158

11.5.4 SWOT Analysis 159

11.5.5 Key Strategy 159

11.6 Kuusakoski Recycling 160

11.6.1 Company Overview 160

11.6.2 Financial Overview 160

11.6.3 Products Offerings 160

11.6.4 Key Developments 161

11.6.5 SWOT Analysis 161

11.6.6 Key Strategy 161

11.7 European Metal Recycling 162

11.7.1 Company Overview 162

11.7.2 Financial Overview 162

11.7.3 Products Offerings 162

11.7.4 Key Developments 163

11.7.5 SWOT Analysis 163

11.7.6 Key Strategy 163

11.8 DOWA HOLDINGS Co., Ltd. 164

11.8.1 Company Overview 164

11.8.2 Financial Overview 164

11.8.3 Products Offerings 165

11.8.4 Key Developments 165

11.8.5 SWOT Analysis 166

11.8.6 Key Strategy 166

11.9 Aurubis 167

11.9.1 Company Overview 167

11.9.2 Financial Overview 167

11.9.3 Products Offerings 167

11.9.4 Key developments: 168

11.9.5 SWOT Analysis 168

11.9.6 Key Strategy 168

11.10 Sims Metal Management 169

11.10.1 Company Overview 169

11.10.2 Financial Overview 169

11.10.3 Products Offerings 170

11.10.4 SWOT Analysis 170

11.10.5 Key Strategy 170

11.11 REAL ALLOY 171

11.11.1 Company Overview 171

11.11.2 Financial Overview 171

11.11.3 Products Offerings 171

11.11.4 NEWS: 172

11.11.5 SWOT Analysis 172

11.11.6 Key Strategy 172

11.12 Tom Martin & Co Ltd. 173

11.12.1 Company Overview 173

11.12.2 Financial Overview 173

11.12.3 Products Offerings 173

11.12.4 SWOT Analysis 173

11.12.5 Key Strategy 173


12 Metal Recycling Process Analysis, Distributors/Traders

12.1 Recycling Process 175

12.2 Scrap Metal Suppliers list 176

12.3 Scrap Recycled Metal Distributors list 177

13 Appendix

13.1 References 181

Global Metal Recycling Market: Competitive Landscape


The global metal recycling market is characterized by the presence of many global, regional, and local players. The market is highly competitive with all the players competing to gain market share. Intense competition, and increasing demand for recycled products are key factors that confront market growth. The vendors compete based on cost, product quality, and reliability. It is crucial for the vendors to provide cost-efficient and high-quality recycled material, to survive and succeed in an intensely competitive market environment.


ArcelorMittal S.A. is a multinational company that leads in the global steel manufacturing market. The company has its business in three major segments, which include mining, steel, and research & development. ArcelorMittal was created upon the merger of Arcelor and Mittal Steel. The company caters its steel to numerous end-use industries, such as construction, automotive, energy, transportation, packaging, and domestic appliances. ArcelorMittal has a presence throughout the mining value chain, including exploration, production, mining, collection, pulverizing, transportation, and port operations. The company has 14 operating units with mines in operation and development for iron ore and coal. The company strategizes to work with local communities in nations to build social infrastructure, ensuring long-term development projects. ArcelorMittal aims to create opportunities for sustainable regional development that will sustain the company’s mining activity. The company focuses on recycling the metals, and thus, imports scrap to convert it into useful products. The company also has plans to manage the risks to increasing the sustainability and achieving long-term commercial success.


Nucor Corporation is a leading steel manufacturer and steel recycler. The company has a wide portfolio of products in various categories, including carbon steel, fasteners, alloy steel, steel products, raw materials, and SDS products. The company recycles various raw materials, including iron ore, nonferrous metals, and steel. Nucor Corporation acquired David J. Joseph Company, which is an experienced scrap trading, recycling, and logistics company. The subsidiary operates in four business segments, including brokerage, recycling, transportation, and scrap management. The company’s long-term strategy for business development and profits earning is focused at reducing production costs and achieving leading positions in every product in the complete product portfolio.


Commercial Metals Company (CMC) is a major player in the manufacture of steel and metal products. The company manufactures, recycles, and markets steel and metal products. The company operates through four business segments, which are mills, recycling, and fabrication and construction products. CMC, annually, processes and ships more than 4 million tonnes of ferrous and non-ferrous scrap. The company buys, sells, and manages scrap, throughout the U.S. and rest of the world. The mill products offered by the company include carbon bars, spooled rebar, and cryosteel. The company uses recycled scrap as raw material for the manufacture of steel. The company employs state-of-the-art, scrap-based electric arc furnace in the steel manufacturing process. Under the recycling segment, CMC owns more than 30 scrap metal processing plants, concentrated, largely in Texas, Florida, and the southern United States. Commercial Metal Company concentrates on its core manufacturing capabilities to improve the quality of operations. In 2017, the company planned to exit international markets. Thus, it focuses on U.S., wherein it generates most of the revenue.


Novelis Inc. is the largest producer of flat-rolled aluminum products and recycler of the aluminum, in the world. The company supplies premium aluminum sheet and foil products to transportation, packaging, construction, industrial, and consumer electronics sectors throughout North America, Europe, Asia, and South America. For end-use markets, aluminum rolled products are manufactured with the help of a variety of alloy mixtures to meet specific hardness, thickness, and width. Besides, the aluminum sheets are coated and finished with various coatings. The company is a wholly owned subsidiary of Hindalco Ltd., which is a company under Aditya Birla Group. Novelis is prepared and positioned to overcome the challenges arising from can-stock market overcapacity and customer consolidation through continued favourable mix shift as automotive shipments increase further operational efficiencies and metal cost management.


Norton Aluminium is a pioneering company that specializes in the manufacture of aluminum alloys. The company has its business operations in three main categories, including alloy manufacturing, aluminum sand castings, and aluminum scrap purchasing. The company manufactures aluminum alloys including primary, secondary, and master alloys. Norton Aluminium is also engaged in aluminum scrap purchase, trading, and recycling. Norton Aluminium explores the opportunities in the rising aerospace industry, which requires various categories of metals for making aircraft and planes. Additionally, the company manufactures alloys made of aluminum sand castings for the military, aerospace, high-end engineering, and off-highway sectors, thus expanding its customer base. Its sister company Norse Precision Casting focuses on the manufacture of precision and highly decorative aluminum sand castings and polyurethane moldings. This helps the company expand its product portfolio meanwhile focusing on the customer requirements to improve the customer relations.