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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Analysis Chapter

The Scrap Metal Recycling industry has not emerged unscathed from the bumpy past five years. Industry revenue has fallen from $3.0 billion in 2009-10 to an estimated $2.1 billion in 2014-15, which is an annualised contraction of 6.8%. This can be attributed to major falls in steel and scrap metal prices over these years, as well as low growth or declines in downstream markets. However, increased pricing and volumes in 2014-15 are expected to result in industry revenue increasing by 5.1% for the year.

Price and profit volatility

A highly volatile metal market in the past five years has contributed to difficult operating conditions in 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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