The global market for Steel Scrap was estimated at 528.6 Million Metric Tons in 2023, and is projected to reach 727.1 Million Metric Tons by 2030, growing at a CAGR of 4.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Obsolete Scrap segment, which is expected to reach 407.2 Million Metric Tons by 2030 with a CAGR of a 5.7%. The Prompt Scrap segment is also set to grow at 3.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at 50.3 Million Metric Tons in 2023, and China, forecasted to grow at an impressive 5.8% CAGR to reach 282.6 Million Metric Tons by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Steel Scrap Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Steel Scrap Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Steel Scrap Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ArcelorMittal S.A., Baosteel Group Corporation, Commercial Metals Company, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 81 Featured):
- ArcelorMittal S.A.
- Baosteel Group Corporation
- Commercial Metals Company
- EVRAZ North America
- Gerdau S/A
- Metalico, Inc.
- Nucor Corporation
- Oryx Stainless Group
- Schnitzer Steel Industries, Inc.
- Sims Metal Management Limited
- Steel Dynamics, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISFRANCEITALYUNITED KINGDOMSPAINRUSSIATURKEYREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICABRAZILREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
GERMANY
ASIA-PACIFIC
INDIA
REST OF WORLD
Companies Mentioned
- ArcelorMittal S.A.
- Baosteel Group Corporation
- Commercial Metals Company
- EVRAZ North America
- Gerdau S/A
- Metalico, Inc.
- Nucor Corporation
- Oryx Stainless Group
- Schnitzer Steel Industries, Inc.
- Sims Metal Management Limited
- Steel Dynamics, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 439 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 528.6 Million Metric Tons |
| Forecasted Market Value ( USD | $ 727.1 Million Metric Tons |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
