Metal Recycling Market Size & Share, by Product (Aluminium, Copper, Iron, Steel); Type (New Metal Recycling, Old Metal Recycling); Industry (Automotive, Construction, Electricals, Manufacturing, Consumer Goods) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036
ArcelorMittal today announces plans to roll out a new sustainability programme across Europe, aiming to secure Responsible Steel site certification for all its ArcelorMittal Europe - Flat Products sites. The 12-month programme will enable each site to prove that our production processes meet rigorously defined standards across a broad range of social, environmental and governance criteria.
Nucor Corporation announced a capital investment that will add vacuum degassing to its engineered bar capabilities at its bar mill in Darlington, South Carolina. Adding this capability will enable the mill to produce engineered bar products meeting some of the most stringent quality specifications in the industry. The vacuum degassing system is expected to begin operations in late 2020.
Author Credits: Mohd Shadab, Yashika Karodiwal
Report ID: 3339
Published Date: Nov 03, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing need of metal and scarcity of rare metals are the major factors driving the growth of the metal recycling market.
The market size of metal recycling is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.
The major players in the market are ArcelorMittal S.A., Norsk Hydro ASA, Kimmel Iron & Metal Co., Inc., Schnitzer Steel Industries, Inc., OmniSource Corporation, Nucor Corporation, Aurubis AG, and others.
The aluminum segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.