Steel Scrap global market

Steel Scrap global market

Global Steel Scrap Market Research Report 2025

This report on the global steel scrap market research report 2025 offers a comprehensive analysis of market size, growth drivers, emerging trends, regional performan

Pages: 210

Format: PDF

Date: 12-2025

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Global Steel Scrap Market Outlook (2025–2035)

Chem Reports predicts that the Steel Scrap Market, valued at USD xxxx million in 2024, is expected to reach USD xxxx million by 2035, growing at a CAGR of xx% globally.

Market Overview

The Global Steel Scrap Market Report 2020 provides an extensive industry analysis of development drivers, structural patterns, market flows, and size evolution. Historical and present market values have been assessed to forecast growth trajectories for the period 2025–2035.

This research integrates primary and secondary data sources, evaluating:

  • Government policies and regulatory frameworks
  • Market environment and competitive dynamics
  • Historical performance and current trends
  • Technological innovation and upcoming advancements
  • Cross-industry technical progress

Impact of COVID-19

The outbreak of COVID-19 in December 2019 disrupted global supply chains and industrial production. Declared a public health emergency by the World Health Organization, the pandemic significantly impacted the Steel Scrap market in 2020, with ripple effects across mining, recycling, logistics, and demand cycles.

Market Segmentation

By Type

  • Flat Steel Scrap
  • Long Steel Scrap
  • Tubular Steel Scrap

By Application

  • Construction
  • Shipping
  • Energy
  • Packaging
  • Consumer Appliances Industry
  • Housing
  • Automotive
  • Others

Regional Analysis

  • North America: U.S., Canada, Mexico – Strong demand driven by recycling initiatives and industrial applications.
  • Europe: Germany, U.K., France, Italy, Russia, Spain – High adoption supported by sustainability regulations and advanced steelmaking technologies.
  • Asia-Pacific: China, India, Japan, Southeast Asia – Fastest-growing region, led by large-scale steel production and raw material consumption.
  • South America: Brazil, Argentina – Moderate growth, supported by mining and industrial expansion.
  • Middle East & Africa: Saudi Arabia, South Africa – Emerging demand, particularly in infrastructure and construction projects.

Key Market Players

  • ArcelorMittal
  • AnSteel Scrap Group
  • Anyang Steel Scrap
  • BaoSteel Scrap Group
  • Baotou Steel Scrap
  • Benxi Steel Scrap
  • CSC
  • Evraz Group
  • Fangda Steel Scrap
  • Gerdau
  • Hebei Steel Scrap Group
  • Hyundai Steel Scrap
  • IMIDRO
  • JFE
  • Jianlong Group
  • Jingye Steel Scrap
  • Jiuquan Steel Scrap
  • JSW
  • Maanshan Steel Scrap
  • Metinvest
  • MMK
  • NSSMC

Strategic Insights

  • Growth Drivers: Rising global steel demand, expansion of infrastructure projects, and increasing use of recycled scrap.
  • Challenges: Volatility in raw material prices, regulatory hurdles, and supply chain disruptions.
  • Opportunities: Expansion in emerging markets, innovation in recycling technologies, and integration of sustainable practices in steelmaking.

Regional Analysis

  • North America: Strong demand driven by recycling initiatives, industrial applications, and automotive manufacturing. The U.S. leads in scrap utilization, supported by sustainability regulations.
  • Europe: Germany, U.K., France, and Italy emphasize circular economy practices and advanced steelmaking technologies. Russia and Spain contribute significantly through raw material exports.
  • Asia-Pacific: Fastest-growing region, led by China, India, and Japan. Large-scale steel production and infrastructure projects drive consumption of flat, long, and tubular scrap.
  • South America: Brazil and Argentina show moderate growth, supported by mining activities, industrial expansion, and construction demand.
  • Middle East & Africa: Emerging demand, particularly in Saudi Arabia and South Africa, driven by infrastructure development and construction projects.

Detailed Segmentation Analysis

  • By Type:
    • Flat Steel Scrap: Widely used in automotive and consumer appliances.
    • Long Steel Scrap: Dominant in construction and housing sectors.
    • Tubular Steel Scrap: Preferred in energy, shipping, and pipeline industries.
  • By Application:
  • Construction: Largest consumer segment, driven by global infrastructure projects.
  • Shipping: Utilizes tubular scrap for shipbuilding and repair.
  • Energy: Demand from oil & gas pipelines and renewable energy infrastructure.
  • Packaging: Steel scrap recycled into cans and containers.
  • Consumer Appliances: Used in manufacturing durable goods.
  • Housing: Residential construction and renovation projects.
  • Automotive: Major consumer of flat steel scrap for vehicle production.
  • Others: Specialty industrial applications.

Porter’s Five Forces

  • Threat of New Entrants: Low; capital-intensive recycling and collection networks pose barriers.
  • Supplier Power: High; scrap collectors and dealers hold leverage due to supply constraints.
  • Buyer Power: Moderate; steelmakers demand competitive pricing but depend heavily on scrap availability.
  • Threat of Substitutes: Low; steel remains irreplaceable in core industries, though composites and aluminum pose niche competition.
  • Industry Rivalry: High; global competition among major players (ArcelorMittal, Gerdau, Hyundai Steel, JSW, etc.) and regional suppliers.

SWOT Analysis

Strengths: Essential role in global steel production; diversified applications across industries.
Weaknesses: Price volatility, dependence on collection and recycling infrastructure.
Opportunities: Expansion in emerging markets, innovation in recycling technologies, integration of sustainable practices.
Threats: Regulatory tightening, environmental concerns, and global supply chain disruptions.

Trend Analysis

  • Rising demand for recycled scrap in steelmaking.
  • Growth in infrastructure and construction projects globally.
  • Increasing focus on sustainability and circular economy practices.
  • Technological advancements in scrap sorting, recycling efficiency, and alloy recovery.

Drivers & Challenges

Drivers:

  • Global steel demand across construction, automotive, and machinery industries.
  • Expansion of infrastructure projects in emerging economies.
  • Rising adoption of recycled scrap to reduce environmental impact.

Challenges:

  • Volatility in scrap prices.
  • Regulatory hurdles in collection and recycling.
  • Supply chain disruptions due to geopolitical tensions and logistics constraints.

Value Chain Analysis

  • Raw Materials: Scrap collectors, demolition contractors, industrial waste streams.
  • Processing: Sorting, refining, alloy recovery, and recycling plants.
  • Distribution: Steelmakers, automotive manufacturers, construction firms, and industrial suppliers.
  • End Users: Construction, automotive, shipping, energy, packaging, and consumer appliance industries.

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in advanced recycling technologies and sustainable sourcing practices.
  • Investors: Focus on companies with diversified scrap portfolios and strong sustainability initiatives.
  • Steelmakers: Secure long-term contracts with suppliers to mitigate price volatility.
  • Policy Makers: Encourage recycling and sustainable scrap collection through incentives and regulations.

 

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1. Market Overview of Steel Scrap
    1.1 Steel Scrap Market Overview
        1.1.1 Steel Scrap Product Scope
        1.1.2 Market Status and Outlook
    1.2 Steel Scrap Market Size by Regions:
    1.3 Steel Scrap Historic Market Size by Regions
    1.4 Steel Scrap Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Steel Scrap Sales Market by Type
    2.1 Global Steel Scrap Historic Market Size by Type
    2.2 Global Steel Scrap Forecasted Market Size by Type
    2.3 Flat Steel Scrap
    2.4 Long Steel Scrap
    2.5 Tubular Steel Scrap
3. Covid-19 Impact Steel Scrap Sales Market by Application
    3.1 Global Steel Scrap Historic Market Size by Application
    3.2 Global Steel Scrap Forecasted Market Size by Application
    3.3 Construction
    3.4 Shipping
    3.5 Energy
    3.6 Packaging
    3.7 Consumer appliances industry
    3.8 Housing
    3.9 Automotive
    3.10 Others
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Steel Scrap Production Capacity Market Share by Manufacturers
    4.2 Global Steel Scrap Revenue Market Share by Manufacturers
    4.3 Global Steel Scrap Average Price by Manufacturers
5. Company Profiles and Key Figures in Steel Scrap Business
    5.1 ArcelorMittal
        5.1.1 ArcelorMittal Company Profile
        5.1.2 ArcelorMittal Steel Scrap Product Specification
        5.1.3 ArcelorMittal Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.2 AnSteel Scrap Group
        5.2.1 AnSteel Scrap Group Company Profile
        5.2.2 AnSteel Scrap Group Steel Scrap Product Specification
        5.2.3 AnSteel Scrap Group Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.3 Anyang Steel Scrap
        5.3.1 Anyang Steel Scrap Company Profile
        5.3.2 Anyang Steel Scrap Steel Scrap Product Specification
        5.3.3 Anyang Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.4 BaoSteel Scrap Group
        5.4.1 BaoSteel Scrap Group Company Profile
        5.4.2 BaoSteel Scrap Group Steel Scrap Product Specification
        5.4.3 BaoSteel Scrap Group Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.5 Baotou Steel Scrap
        5.5.1 Baotou Steel Scrap Company Profile
        5.5.2 Baotou Steel Scrap Steel Scrap Product Specification
        5.5.3 Baotou Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.6 Benxi Steel Scrap
        5.6.1 Benxi Steel Scrap Company Profile
        5.6.2 Benxi Steel Scrap Steel Scrap Product Specification
        5.6.3 Benxi Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.7 CSC
        5.7.1 CSC Company Profile
        5.7.2 CSC Steel Scrap Product Specification
        5.7.3 CSC Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.8 Evraz Group
        5.8.1 Evraz Group Company Profile
        5.8.2 Evraz Group Steel Scrap Product Specification
        5.8.3 Evraz Group Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.9 Fangda Steel Scrap
        5.9.1 Fangda Steel Scrap Company Profile
        5.9.2 Fangda Steel Scrap Steel Scrap Product Specification
        5.9.3 Fangda Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.10 Gerdau
        5.10.1 Gerdau Company Profile
        5.10.2 Gerdau Steel Scrap Product Specification
        5.10.3 Gerdau Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.11 Hebei Steel Scrap Group
        5.11.1 Hebei Steel Scrap Group Company Profile
        5.11.2 Hebei Steel Scrap Group Steel Scrap Product Specification
        5.11.3 Hebei Steel Scrap Group Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.12 Hyundai Steel Scrap
        5.12.1 Hyundai Steel Scrap Company Profile
        5.12.2 Hyundai Steel Scrap Steel Scrap Product Specification
        5.12.3 Hyundai Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.13 IMIDRO
        5.13.1 IMIDRO Company Profile
        5.13.2 IMIDRO Steel Scrap Product Specification
        5.13.3 IMIDRO Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.14 JFE
        5.14.1 JFE Company Profile
        5.14.2 JFE Steel Scrap Product Specification
        5.14.3 JFE Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.15 Jianlong Group
        5.15.1 Jianlong Group Company Profile
        5.15.2 Jianlong Group Steel Scrap Product Specification
        5.15.3 Jianlong Group Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.16 Jingye Steel Scrap
        5.16.1 Jingye Steel Scrap Company Profile
        5.16.2 Jingye Steel Scrap Steel Scrap Product Specification
        5.16.3 Jingye Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.17 Jiuquan Steel Scrap
        5.17.1 Jiuquan Steel Scrap Company Profile
        5.17.2 Jiuquan Steel Scrap Steel Scrap Product Specification
        5.17.3 Jiuquan Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.18 JSW
        5.18.1 JSW Company Profile
        5.18.2 JSW Steel Scrap Product Specification
        5.18.3 JSW Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.19 Maanshan Steel Scrap
        5.19.1 Maanshan Steel Scrap Company Profile
        5.19.2 Maanshan Steel Scrap Steel Scrap Product Specification
        5.19.3 Maanshan Steel Scrap Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.20 Metinvest
        5.20.1 Metinvest Company Profile
        5.20.2 Metinvest Steel Scrap Product Specification
        5.20.3 Metinvest Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.21 MMK
        5.21.1 MMK Company Profile
        5.21.2 MMK Steel Scrap Product Specification
        5.21.3 MMK Steel Scrap Production Capacity, Revenue, Price and Gross Margin
    5.22 NSSMC
        5.22.1 NSSMC Company Profile
        5.22.2 NSSMC Steel Scrap Product Specification
        5.22.3 NSSMC Steel Scrap Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Steel Scrap Market Size
    6.2 North America Steel Scrap Key Players in North America
    6.3 North America Steel Scrap Market Size by Type
    6.4 North America Steel Scrap Market Size by Application
7. East Asia
    7.1 East Asia Steel Scrap Market Size
    7.2 East Asia Steel Scrap Key Players in North America
    7.3 East Asia Steel Scrap Market Size by Type
    7.4 East Asia Steel Scrap Market Size by Application
8. Europe
    8.1 Europe Steel Scrap Market Size
    8.2 Europe Steel Scrap Key Players in North America
    8.3 Europe Steel Scrap Market Size by Type
    8.4 Europe Steel Scrap Market Size by Application
9. South Asia
    9.1 South Asia Steel Scrap Market Size
    9.2 South Asia Steel Scrap Key Players in North America
    9.3 South Asia Steel Scrap Market Size by Type
    9.4 South Asia Steel Scrap Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Steel Scrap Market Size
    10.2 Southeast Asia Steel Scrap Key Players in North America
    10.3 Southeast Asia Steel Scrap Market Size by Type
    10.4 Southeast Asia Steel Scrap Market Size by Application
11. Middle East
    11.1 Middle East Steel Scrap Market Size
    11.2 Middle East Steel Scrap Key Players in North America
    11.3 Middle East Steel Scrap Market Size by Type
    11.4 Middle East Steel Scrap Market Size by Application
12. Africa
    12.1 Africa Steel Scrap Market Size
    12.2 Africa Steel Scrap Key Players in North America
    12.3 Africa Steel Scrap Market Size by Type
    12.4 Africa Steel Scrap Market Size by Application
13. Oceania
    13.1 Oceania Steel Scrap Market Size
    13.2 Oceania Steel Scrap Key Players in North America
    13.3 Oceania Steel Scrap Market Size by Type
    13.4 Oceania Steel Scrap Market Size by Application
14. South America
    14.1 South America Steel Scrap Market Size
    14.2 South America Steel Scrap Key Players in North America
    14.3 South America Steel Scrap Market Size by Type
    14.4 South America Steel Scrap Market Size by Application
15. Rest of the World
    15.1 Rest of the World Steel Scrap Market Size
    15.2 Rest of the World Steel Scrap Key Players in North America
    15.3 Rest of the World Steel Scrap Market Size by Type
    15.4 Rest of the World Steel Scrap Market Size by Application
16 Steel Scrap Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • Flat Steel Scrap
  • Long Steel Scrap
  • Tubular Steel Scrap

By Application

  • Construction
  • Shipping
  • Energy
  • Packaging
  • Consumer Appliances Industry
  • Housing
  • Automotive
  • Others

Regional Analysis

  • North America: U.S., Canada, Mexico – Strong demand driven by recycling initiatives and industrial applications.
  • Europe: Germany, U.K., France, Italy, Russia, Spain – High adoption supported by sustainability regulations and advanced steelmaking technologies.
  • Asia-Pacific: China, India, Japan, Southeast Asia – Fastest-growing region, led by large-scale steel production and raw material consumption.
  • South America: Brazil, Argentina – Moderate growth, supported by mining and industrial expansion.
  • Middle East & Africa: Saudi Arabia, South Africa – Emerging demand, particularly in infrastructure and construction projects.

Key Market Players

  • ArcelorMittal
  • AnSteel Scrap Group
  • Anyang Steel Scrap
  • BaoSteel Scrap Group
  • Baotou Steel Scrap
  • Benxi Steel Scrap
  • CSC
  • Evraz Group
  • Fangda Steel Scrap
  • Gerdau
  • Hebei Steel Scrap Group
  • Hyundai Steel Scrap
  • IMIDRO
  • JFE
  • Jianlong Group
  • Jingye Steel Scrap
  • Jiuquan Steel Scrap
  • JSW
  • Maanshan Steel Scrap
  • Metinvest
  • MMK
  • NSSMC

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