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Frequently Asked Questions
According to Precedence Research, the global recycled metal market size was reached at US$ 67.6 billion in 2020 and is projected to hit over US$ 101.6 billion by 2030.
Rising investments in infrastructural development and rising urbanization and industrialization are the driving factors of the recycled metal market.
The global recycled metal market is anticipated to grow at a CAGR of 4.2% from 2021 to 2030.
The major players operating in the recycled metal market includes CMC, Tata Steel, GFG Alliances, European Metal Recycling, Norsk Hydro ASA, Novelis, Sims Metal Management, Commercial Metal Company, Steel Dynamics, Nucor Corporation, Aurubis AG, ELG HanielGmbh and Schnitzer Steel
The Asia Pacific region will lead the global recycled metal market in near future.