Code: MTA1409 | Publication Date: Dec 2024 |
The metal recycling market is influenced by several key players, each playing a crucial role in the industry. First are the metal recyclers, who collect and process scrap metal from various sources such as manufacturers, demolition sites, and consumers. These companies are responsible for sorting, shredding, and preparing metals for re-entry into the production cycle. Second are the smelters and refiners, who take processed scrap metal and melt it down to produce new metal products. They ensure that the recycled metal meets industry standards and is suitable for use in manufacturing. Third, metal manufacturers and fabricators integrate recycled metal into their production lines, benefiting from the cost savings and environmental advantages of using recycled materials. Finally, regulatory bodies set forth guidelines and standards to encourage recycling practices, aiming to reduce environmental impact and promote sustainable living.
Metal recyclers are the backbone of the recycling process, as they are responsible for collecting and processing scrap metal from various sources. They play a vital role in reducing waste and conserving natural resources by transforming discarded materials into valuable commodities. Additionally, many metal recyclers offer services such as dismantling, container rental, and transportation to support their clients' recycling efforts. As per 6Wreserach, as of 2024, the global market is valued at approximately $230 billion. Further, the Global Market is projected to expand at a CAGR of 7.2% from 2024 to 2030. Additionally, by 2030, the market size is expected to reach around $375 billion.
Company Name | Sims Metal Management |
Headquarters | Sydney, Australia |
Established Year | 1917 |
Official Website | Click Here |
Sims Metal Management is one of the world's leading metal recyclers, with a network of operations spanning across the globe. The company focuses on the sustainable recycling of ferrous and non-ferrous metals.
Company Name | Nucor Corporation |
Headquarters | Charlotte, North Carolina, USA |
Established Year | 1940 |
Official Website | Click Here |
As a major player in the steel industry, Nucor Corporation has incorporated metal recycling into its operations, using Electric Arc Furnace technology to melt recycled steel scrap.
Company Name | ArcelorMittal |
Headquarters | Luxembourg City, Luxembourg |
Established Year | 2006 |
Official Website | Click Here |
ArcelorMittal is the world's leading steel and mining company. It actively engages in metal recycling through its global network to support sustainable steel production.
Company Name | Schnitzer Steel Industries, Inc. |
Headquarters | Portland, Oregon, USA |
Established Year | 1906 |
Official Website | Click Here |
Schnitzer Steel is a major metals recycler in North America, known for recycling a wide range of materials while also manufacturing finished steel products.
Company Name | European Metal Recycling (EMR) |
Headquarters | Warrington, United Kingdom |
Established Year | 1994 |
Official Website | Click Here |
EMR is a global leader in metal recycling, with significant operations in the UK, USA, and elsewhere. The company specializes in both ferrous and non-ferrous metal recycling.
Company Name | Commercial Metals Company |
Headquarters | Irving, Texas, USA |
Established Year | 1915 |
Official Website | Click Here |
Known as CMC, this company has a strong presence in recycling, manufacturing, and fabricating steel and metal products, emphasizing sustainable practices.
Company Name | OmniSource Corporation |
Headquarters | Fort Wayne, Indiana, USA |
Established Year | 1943 |
Official Website | Click Here |
OmniSource is a major ferrous and non-ferrous scrap processor in North America and plays a significant role in the metal recycling industry.
Company Name | Dowa Holdings Co., Ltd. |
Headquarters | Tokyo, Japan |
Established Year | 1884 |
Official Website | Click Here |
Historically rooted in mining, Dowa Holdings has diversified into material recycling, focusing on resource recovery and environmental solutions.
Company Name | Tata Steel Limited |
Headquarters | Mumbai, India |
Established Year | 1907 |
Official Website | Click Here |
Part of the Tata Group, Tata Steel engages in metal recycling as part of its commitment to sustainable manufacturing and the circular economy.
Company Name | Aurubis |
Headquarters | Hamburg, Germany |
Established Year | 1866 |
Official Website | Click Here |
Aurubis AG is Europe's largest copper recycler and plays a crucial role in metal recycling by focusing on copper products and other non-ferrous metals.