Ferrous Scrap Recycling Market

Scrap metal is classified as either ferrous or non-ferrous scrap. While ferrous metals contain some degree of iron (its name derived from the Latin term meaning iron), non-ferrous metal does not contain iron as a component. Both non-ferrous and ferrous metals have been used by humans since ancient times.
Ferrous Scrap Recycling Market contains market size and forecasts of Ferrous Scrap Recycling in Global, including the following market information:

• Global Ferrous Scrap Recycling Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Ferrous Scrap Recycling market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Heavy Melting Steel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ferrous Scrap Recycling include OmniSource Corp., Metal Management Inc., Tube City, Hugo Neu Corp., Ferrous Processing & Trading Co.(FTP), Schnitzer Steel Products, PSC Metals, David J. Joseph Co.(DJJ) and AMG Resources Corp., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ferrous Scrap Recycling companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ferrous Scrap Recycling Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Ferrous Scrap Recycling Market Segment Percentages, by Type, 2021 (%)

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

Global Ferrous Scrap Recycling Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Ferrous Scrap Recycling Market Segment Percentages, by Application, 2021 (%)

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

Global Ferrous Scrap Recycling Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Ferrous Scrap Recycling Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Ferrous Scrap Recycling revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Ferrous Scrap Recycling revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

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