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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 | Mar 2013

Scraping for margins: The industry has struggled to remain profitable

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 Limited Arrium Limited market share
CMA Corporation CMA Corporation market share
Sims Metal Management Sims Metal Management market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 08-13
-2.6%
Annual Growth 13-18
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Profit
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Employment
3,592
Businesses
120
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 2.6% in the five years through 2012-13. Upstream activities in the industry have been adversely affected by poor demand conditions. Consumers are keeping their purse strings tight, staying away from unnecessary purchases. As a result, demand for manufacturing industries has gone down, lowering the supply of scrap metal generated from manufacturing activities. A low consumption level has also meant a low waste volume, leading to a low supply of scrap metals.

Poor macroeconomic conditions have been detrimental to the industry's downstream markets, hindering growth in demand for industry products... purchase to read more

Industry Report - Starting a New Business Chapter

The Scrap Metal Recycling industry has high barriers to entry, with the initial capital costs and the well-entrenched position of the major players being the biggest impediments. 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 and titanium.

Industry Products
Ferrous-metal recyclingNon-ferrous metal recyclingOther scrap metal recycling
 
Industry Activities
Ferrous metals recyclingNon-ferrous metals recyclingPrecious metals recyclingFerrous metals recyclingNon-ferrous metals recyclingPrecious metals recycling


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