Iron and Steel Scrap Recycling Market to Grow at 9.62% CAGR

SEATTLE (Scrap Monster): The global Iron and Steel Scrap Recycling market size is expected to expand at a CAGR of 9.62% during the forecast period, reaching USD 566800.86 million by 2027 was valued at USD 326596.36 million in 2021.

Iron and Steel Scrap Recycling Market explore investment in Market. It classify how companies deploying these technologies across various industry verticals aim to explore its future to become a major business disrupter. The Iron and Steel Scrap Recycling study eludes very useful reviews and strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. The study includes market share analysis and profiles of players such as Ferrous Processing and Trading Co. (FTP), Tube City, David J. Joseph Co. (DJJ), American Iron and Metal, Simsmetal America, Schnitzer Steel Products, PSC Metals, Alter Scrap Processing, Commercial Metals Co. (CMC), Galamba Metals Group, Hugo Neu Corp., American Iron and Metal Co, Metal Management Inc., Camden Iron and Metal Inc., Mervis Industries, OmniSource Corp., Joseph Behr and Sons Inc., AMG Resources Corp.

Iron and Steel Scrap Recycling Market Overview:

The global Iron and Steel Scrap Recycling market size was valued at USD 326596.36 million in 2021 and is expected to expand at a CAGR of 9.62% during the forecast period, reaching USD 566800.86 million by 2027.

Market split by Type, can be divided into: –

•          Heavy Melting Steel
•          Old Car Bodies
•          Cast Iron
•          Pressing Steel
•          Manganese Steel
•          Rails

Market split by Application, can be divided into: –

•          Building and Construction
•          Automotive
•          Electrical and Electronics
•          Industrial Machinery
•          Others

Major Key Players of the Market:

•          Ferrous Processing and Trading Co. (FTP)
•          Tube City
•          David J. Joseph Co. (DJJ)
•          American Iron and Metal
•          Simsmetal America
•          Schnitzer Steel Products
•          PSC Metals
•          Alter Scrap Processing
•          Commercial Metals Co. (CMC)
•          Galamba Metals Group
•          Hugo Neu Corp.
•          American Iron and Metal Co
•          Metal Management Inc.
•          Camden Iron and Metal Inc.
•          Mervis Industries
•          OmniSource Corp.
•          Joseph Behr and Sons Inc.
•          AMG Resources Corp.

Courtesy: www.digitaljournal.com