The global steel scrap market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth in the steel scrap market is driven by the increasing demand for steel and its recyclability. The construction industry is one of the major end-users of steel scrap, which has been witnessing an increase in demand due to rapid urbanization and industrialization across various regions. In addition, shipping industry also consumes a significant amount of steel scrap as it requires large quantities for shipbuilding purposes. Moreover, energy sector also consumes a significant amount of steel scrap as it requires large quantities for power generation purposes. Packaging industry also consumes a significant amount of steel scrap as it requires large quantities for packaging purposes. Consumer appliances industry also consumes a significant amount of steel scrap as it requires large quantities for manufacturing purposes such as refrigerators and washing machines etc, while housing sector also consumes a significant amount of long-steel scraps due to its high durability and strength properties that are required in construction activities such as framing or roofing etc, automotive sector also consume tubular scraps due to their high strength properties that are required in manufacturing automobiles such as frames or chassis etc, while consumer appliances industry consume flat scraps due to their low cost and availability.
Steel scrap is a byproduct of the steel industry. Steel scrap is used in the production of new steel, and it can also be recycled to produce new steel. The demand for steel scrap is driven by the need for raw materials in the production of new steel.
Industry Growth Insights published a new data on “Steel Scrap Market”. The research report is titled “Steel Scrap Market research by Types (Flat Steel Scrap, Long Steel Scrap, Tubular Steel Scrap), By Applications (Construction, Shipping, Energy, Packaging, Consumer Appliances Industry, Housing, Automotive, Others), By Players/Companies ArcelorMittal, AnSteel Scrap Group, Anyang Steel Scrap, BaoSteel Scrap Group, Baotou Steel Scrap, Benxi Steel Scrap, CSC, Evraz Group, Fangda Steel Scrap, Gerdau, Hebei Steel Scrap Group, Hyundai Steel Scrap, IMIDRO, JFE, Jianlong Group, Jingye Steel Scrap, Jiuquan Steel Scrap, JSW, Maanshan Steel Scrap, Metinvest, MMK, NSSMC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Scrap Market Research Report
By Type
Flat Steel Scrap, Long Steel Scrap, Tubular Steel Scrap
By Application
Construction, Shipping, Energy, Packaging, Consumer Appliances Industry, Housing, Automotive, Others
By Companies
ArcelorMittal, AnSteel Scrap Group, Anyang Steel Scrap, BaoSteel Scrap Group, Baotou Steel Scrap, Benxi Steel Scrap, CSC, Evraz Group, Fangda Steel Scrap, Gerdau, Hebei Steel Scrap Group, Hyundai Steel Scrap, IMIDRO, JFE, Jianlong Group, Jingye Steel Scrap, Jiuquan Steel Scrap, JSW, Maanshan Steel Scrap, Metinvest, MMK, NSSMC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Steel Scrap Market Report Segments:
The global Steel Scrap market is segmented on the basis of:
Types
Flat Steel Scrap, Long Steel Scrap, Tubular Steel Scrap
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Shipping, Energy, Packaging, Consumer Appliances Industry, Housing, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ArcelorMittal
- AnSteel Scrap Group
- Anyang Steel Scrap
- BaoSteel Scrap Group
- Baotou Steel Scrap
- Benxi Steel Scrap
- CSC
- Evraz Group
- Fangda Steel Scrap
- Gerdau
- Hebei Steel Scrap Group
- Hyundai Steel Scrap
- IMIDRO
- JFE
- Jianlong Group
- Jingye Steel Scrap
- Jiuquan Steel Scrap
- JSW
- Maanshan Steel Scrap
- Metinvest
- MMK
- NSSMC
Highlights of The Steel Scrap Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flat Steel Scrap
- Long Steel Scrap
- Tubular Steel Scrap
- By Application:
- Construction
- Shipping
- Energy
- Packaging
- Consumer Appliances Industry
- Housing
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steel Scrap Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steel scrap is any metal that has been cut or chopped into pieces that are too small to be used for their original purpose. It can come from a variety of sources, including old cars and appliances, construction debris, and industrial waste.
Some of the key players operating in the steel scrap market are ArcelorMittal, AnSteel Scrap Group, Anyang Steel Scrap, BaoSteel Scrap Group, Baotou Steel Scrap, Benxi Steel Scrap, CSC, Evraz Group, Fangda Steel Scrap, Gerdau, Hebei Steel Scrap Group, Hyundai Steel Scrap, IMIDRO, JFE, Jianlong Group, Jingye Steel Scrap, Jiuquan Steel Scrap, JSW, Maanshan Steel Scrap, Metinvest, MMK, NSSMC.
The steel scrap market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Scrap Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steel Scrap Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Scrap Market - Supply Chain
4.5. Global Steel Scrap Market Forecast
4.5.1. Steel Scrap Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Scrap Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Scrap Market Absolute $ Opportunity
5. Global Steel Scrap Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steel Scrap Market Size and Volume Forecast by Type
5.3.1. Flat Steel Scrap
5.3.2. Long Steel Scrap
5.3.3. Tubular Steel Scrap
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Scrap Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steel Scrap Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Shipping
6.3.3. Energy
6.3.4. Packaging
6.3.5. Consumer Appliances Industry
6.3.6. Housing
6.3.7. Automotive
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Scrap Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steel Scrap Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steel Scrap Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steel Scrap Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steel Scrap Demand Share Forecast, 2019-2026
9. North America Steel Scrap Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steel Scrap Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steel Scrap Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Shipping
9.4.3. Energy
9.4.4. Packaging
9.4.5. Consumer Appliances Industry
9.4.6. Housing
9.4.7. Automotive
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Scrap Market Size and Volume Forecast by Type
9.7.1. Flat Steel Scrap
9.7.2. Long Steel Scrap
9.7.3. Tubular Steel Scrap
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steel Scrap Demand Share Forecast, 2019-2026
10. Latin America Steel Scrap Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steel Scrap Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steel Scrap Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Shipping
10.4.3. Energy
10.4.4. Packaging
10.4.5. Consumer Appliances Industry
10.4.6. Housing
10.4.7. Automotive
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Scrap Market Size and Volume Forecast by Type
10.7.1. Flat Steel Scrap
10.7.2. Long Steel Scrap
10.7.3. Tubular Steel Scrap
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steel Scrap Demand Share Forecast, 2019-2026
11. Europe Steel Scrap Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steel Scrap Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steel Scrap Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Shipping
11.4.3. Energy
11.4.4. Packaging
11.4.5. Consumer Appliances Industry
11.4.6. Housing
11.4.7. Automotive
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Scrap Market Size and Volume Forecast by Type
11.7.1. Flat Steel Scrap
11.7.2. Long Steel Scrap
11.7.3. Tubular Steel Scrap
11.8. Basis Point Share (BPS) Analysis by ype
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steel Scrap Demand Share, 2019-2026
12. Asia Pacific Steel Scrap Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steel Scrap Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steel Scrap Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Shipping
12.4.3. Energy
12.4.4. Packaging
12.4.5. Consumer Appliances Industry
12.4.6. Housing
12.4.7. Automotive
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Scrap Market Size and Volume Forecast by Type
12.7.1. Flat Steel Scrap
12.7.2. Long Steel Scrap
12.7.3. Tubular Steel Scrap
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steel Scrap Demand Share, 2019-2026
13. Middle East & Africa Steel Scrap Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steel Scrap Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steel Scrap Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Shipping
13.4.3. Energy
13.4.4. Packaging
13.4.5. Consumer Appliances Industry
13.4.6. Housing
13.4.7. Automotive
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Scrap Market Size and Volume Forecast by Type
13.7.1. Flat Steel Scrap
13.7.2. Long Steel Scrap
13.7.3. Tubular Steel Scrap
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steel Scrap Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Scrap Market: Market Share Analysis
14.2. Steel Scrap Distributors and Customers
14.3. Steel Scrap Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AnSteel Scrap Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anyang Steel Scrap
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BaoSteel Scrap Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Baotou Steel Scrap
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Benxi Steel Scrap
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CSC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Evraz Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fangda Steel Scrap
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gerdau
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hebei Steel Scrap Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hyundai Steel Scrap
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IMIDRO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. JFE
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jianlong Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jingye Steel Scrap
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jiuquan Steel Scrap
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JSW
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Maanshan Steel Scrap
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Metinvest
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
