The Scrap Metal Recycling industry has been through a tumultuous past five years. Industry revenue is expected to contract by an annualised 4.3% over the five years through 2014-15. Upstream activities have been affected by mixed demand, with demand from manufacturing declining and construction demand growing. This has lowered the supply of scrap metal generated from manufacturing activities. Lower manufacturing levels have also contributed to reduced waste volumes, leading to low growth in scrap metal supplies.
Firms in the industry are engaged in the secondary recovery of recycled scrap metal. Recovery involves the manufacture of scrap metal into new usable material. Commonly recycled metals include steel, copper, aluminium, zinc, lead, nickel and titanium.
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.