The Scrap Metal Recycling industry has been exposed to the full force of the global economy over the past five years. While the industry quickly rebounded in 2010 and continued to improve through 2011 and 2012, domestic and international demand conditions have softened and the industry has yet to reach its prerecession high. However, the industry is expected to experience a less volatile period over the five years to 2019 as metal price fluctuations settle down.
Operators in this industry are engaged in the collection, processing and recycling of ferrous metals, such as iron and steel, and nonferrous metals such as aluminum, copper and nickel. The typical recycling process involves sorting, shearing, shredding, torching and baling scrap metal to be sold to downstream metal smelters for further processing.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.