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The Industrial Metal Scrap market is a subset of the Metals and Minerals industry. It involves the collection, sorting, and processing of scrap metal from industrial sources such as manufacturing, construction, and demolition. This scrap metal is then sold to foundries and smelters for reuse in the production of new metal products. The scrap metal market is an important part of the metals and minerals industry, as it helps to reduce the amount of new metal that needs to be mined and processed.
The Industrial Metal Scrap market is highly competitive, with many companies operating in the space. Some of the major players in the market include Sims Metal Management, Schnitzer Steel Industries, Commercial Metals Company, and Alter Trading Corporation. Show Less Read more