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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 | Oct 2015

Scrapped: Industry demand has been low as downstream manufacturing levels decline

IBISWorld’s Scrap Metal Recycling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Arrium Mining and Materials Arrium Mining and Materials market share
Sims Metal Management Sims Metal Management market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
-5.7%
Annual Growth 16-21
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Profit
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Employment
2,420
Businesses
121
Industry Analysis & Industry Trends

The Scrap Metal Recycling industry has been through a tumultuous period over the past five years. Industry revenue is expected to contract by an annualised 5.7% over this time. Upstream activities have been affected by mixed demand, with manufacturing output declining and construction output growing. Overall, this has lowered the amount of scrap metal generated from domestic activities, which has reduced scrap metal volumes for the industry to process.

Declines in metal prices and reduced output have contributed to industry revenue falls in the past five years. Furthermore, lower domestic manufacturing levels have been detrimental to the industry's downstream markets, hindering demand growth for industry services... purchase to read more

Industry Report - Industry Analysis Chapter

The Scrap Metal Recycling industry has faced difficult conditions over the past five years, with revenue declining by 5.7% annualised. This can be attributed to falls in scrap metal prices over these years, lower output volumes from industry players, and declines or low growth in many downstream markets. However, increased prices and volumes are projected in 2015-16, contributing to industry revenue growth of 8.4% for the year to $2.5 billion.

Price and profit volatility

The metal market has been highly volatile over the past five years, which has contributed to the industry’s difficult operating conditions. With the industry’s high export levels, the world price of steel and scrap metal has heavily influenced industry performance... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Scrap Metal Recycling Industry?

Firms in the industry are primarily 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 scrap metal recycling servicesNon-ferrous metal recycling servicesPrecious and other metal recyclingFinal metal products
 
Industry Activities
Ferrous metals recyclingNon-ferrous metals recyclingPrecious metals recyclingMetal productFerrous metals recyclingNon-ferrous metals recyclingPrecious metals recyclingMetal product


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