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The Metal Recycling market is a subset of the Metals and Minerals industry. It involves the collection, sorting, and processing of scrap metal for reuse in manufacturing. This process helps to reduce the need for mining and extraction of new metals and minerals, and can also help to reduce the environmental impact of metal production. Metal recycling also helps to conserve energy and resources, as recycled metals require less energy to process than new metals.
The Metal Recycling market is composed of a variety of stakeholders, including scrap metal collectors, recyclers, and manufacturers. Collectors are responsible for collecting scrap metal from a variety of sources, such as construction sites, industrial sites, and households. Recyclers then sort and process the scrap metal, and sell it to manufacturers who use it to produce new products.
Some companies in the Metal Recycling market include Sims Metal Management, Schnitzer Steel Industries, and Commercial Metals Company. Show Less Read more