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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

The Scrap Metal Recycling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Starting a New Business Chapter

The Scrap Metal Recycling industry has high entry barriers, with the initial capital costs and the well-entrenched position of the major players being the biggest entry impediments for new firms. The scale of investment required, particularly in relation to the construction of large-scale recycling facilities that require expensive and complicated machinery, such as shredders, cutters and furnaces, provides a significant barrier to potential entrants. However, the costs of automated technologies are declining as they become more widely produced, which is decreasing potential start-up costs for new companies.

Regulations boost the investment and time for a new company to establish compliance with such laws in order to legally operate within the industry... 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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