Recycled Metal Market Share

Recycled Metal Market Share

Recycled metal market share is highly consolidated as the major players constituted more than 50% of the total industry share in 2018. Some of the major processed metal industry players are

• Nucor Corporation
• Aurubis Ag
• Steel Dynamics
• Novelis
• Commercial Metal Company
• Sims Metal Management
• European Metal Recycling
• ELG HanielGmbh
• Schnitzer Steel

 Most of these players are making substantial investment in forming strategic partnership in order to enhance their overall presence in the industry share. For instance, Sims Metal Management acquired Morley Waste Traders, a leading metal recycler in the UK which resulted in a total ownership of around 50 recycling facilities across UK. Such acquisitions contribute significantly in attaining higher gains in the industry share.