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The Scrap Metal Recycling market is a subset of the Metals and Minerals industry. It involves the collection, sorting, and processing of scrap metal from a variety of sources, including industrial, commercial, and residential. The scrap metal is then melted down and reused in the production of new metal products. This process helps to reduce the amount of raw materials needed for production, as well as the amount of waste generated. Additionally, it helps to conserve energy and reduce emissions.
The Scrap Metal Recycling market is highly competitive, with a variety of companies offering services. Examples include Sims Metal Management, Schnitzer Steel Industries, and Commercial Metals Company. These companies provide services such as collection, sorting, and processing of scrap metal, as well as the sale of recycled metal products. Show Less Read more