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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 | Jul 2014

Scraping through: Industry revenue recovers due to higher prices

IBISWorld’s Scrap Metal Recycling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Arrium Limited Arrium Limited market share
Sims Metal Management Sims Metal Management market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
-6.8%
Annual Growth 15-20
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Profit
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Employment
3,398
Businesses
121
Industry Analysis & Industry Trends

The Scrap Metal Recycling industry has faced a tumultuous past five years. Industry revenue has taken a beating, contracting at an annualised 6.8% in the five years through 2014-15. Upstream activities in the industry have been adversely affected by poor demand conditions. While consumers are keeping their purse strings tight and staying away from unnecessary purchases, manufacturing output has declined. This has lowered the supply of scrap metal generated from manufacturing activities. Lower consumption levels have also contributed to reduced waste volumes, leading to low growth in scrap metal supplies.

Low steel and scrap metal prices have contributed to large price declines and industry revenue falls in the past five years... purchase to read more

Industry Report - Industry Products Chapter

The industry carries out three main functions: ferrous scrap metal recycling, non-ferrous scrap metal recycling, and precious and other metal recycling.

Ferrous scrap metal recycling

Ferrous metals, such as steel, include iron and carbon, and are highly recyclable. Given the extensive use of steel in many products, ferrous metals account for the dominant share of industry revenue. Steel is the one of the world's most recycled materials, thereby making its lifecycle potentially continuous. Ferrous metals are estimated to account for 77.3% of industry revenue in 2014-15, up from 76.9% in 2009-10, with the majority being comprised of steel scrap... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Scrap Metal Recycling Industry?

Firms in this industry are engaged in the secondary recovery of recycled scrap metal. Recovery involves the manufacture of scrap metal into new usable material. Commonly recycled metals include steel, copper, aluminium, zinc, lead, nickel and titanium.

Industry Products
Ferrous metal recycling servicesNon-ferrous metal recycling servicesPrecious and other metal recycling
 
Industry Activities
Ferrous metals recyclingNon-ferrous metals recyclingPrecious metals recyclingFerrous metals recyclingNon-ferrous metals recyclingPrecious metals recycling


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