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Scrap Metal Recycling in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Scrap Metal Recycling Market Research Report | Industrial Machinery, Gas & Chemicals | Fabricated Metal Product Manufacturing | 2016

Scrappy performance: Industry revenue is expected to decline due to declining metal recovery

IBISWorld’s Scrap Metal Recycling market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Sims Metal Management Sims Metal Management market share
Industry Statistics & Market Size
Revenue
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Annual Growth 11-16
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Annual Growth 16-21
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Profit
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Employment
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Businesses
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What is the Scrap Metal Recycling industry?

Operators in the Scrap Metal Recycling industry have faced difficult conditions over the past five years. Falls in scrap metal prices, lower output volumes from industry players (particularly with Arrium Limited entering administration in April 2016), and declines or low growth in many downstream markets have had a negative effect on the industry. As a result, industry revenue is expected to decline by an annualised 13.1% over the five years through 2016-17, to total $1.5 billion. Although the world price of steel and the base metal price index are expected to increase in 2016-17, revenue is projected to decline by 10.9%. This is largely due to lower volumes and Arrium Limited entering administration due to high debts associated with the expansion of its iron ore mining operations... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents
Major products in this industry
Ferrous scrap metal recycling servicesNon-ferrous metal recycling servicesPrecious and other metal recyclingFinal metal products
 


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