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Global Steel Scrap Market 2023-2027

Publisher TechNavio
Published Nov 10, 2022
Length 120 Pages
SKU # INF17509661

Description

Global Steel Scrap Market 2023-2027

Technavio has been monitoring the steel scrap market and it is poised to grow by 62.78 MT during 2023-2027, accelerating at a CAGR of 1.62% during the forecast period. Our report on the steel scrap market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing application of steel scrap, the high demand for steel in industrial applications, and the growing demand from the construction industry.

Technavio's steel scrap market is segmented as below:

By End-user
  • Construction
  • Automotive
  • Consumer goods
  • Industrial goods
By Source
  • Obsolete steel scrap
  • Prompt steel scrap
  • Home steel scrap
By Geography
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the increase in M&A activities as one of the prime reasons driving the steel scrap market growth during the next few years. Also, the growing prevalence of steel recycling plants and supportive measures for the use of steel scrap will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the steel scrap market covers the following areas:
  • Steel scrap market sizing
  • Steel scrap market forecast
  • Steel scrap market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading steel scrap market vendors that include Ansteel Group Corp. Ltd., ArcelorMittal SA, Baosteel Group Corp., Benxi Steel Group Co. Ltd., China Baowu Steel Group Corp., Commercial Metals Co., EVRAZ Plc, Gerdau SA, JSW STEEL Ltd., Metalico Inc., Metinvest B.V, Nippon Steel Corp., Nucor Corp., Oryx Stainless AG, Schnitzer Steel Industries Inc., Sims Ltd., Steel and Scrap Pvt. Ltd., Steel Dynamics Inc., Tata Steel Ltd., and United States Steel Corp. Also, the steel scrap market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

120 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
    • Global steel scrap market 2017 - 2021
    • Geography Segment Analysis 2017 - 2021
    • Source Segment Analysis 2017 - 2021
    • End-user Segment Analysis 2017 - 2021
    • Country Segment Analysis 2017 - 2021
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by End-user
    • Construction - Market size and forecast 2022-2027
    • Automotive - Market size and forecast 2022-2027
    • Consumer goods - Market size and forecast 2022-2027
    • Industrial goods - Market size and forecast 2022-2027
    • Market opportunity by End-user
    • Market segments
    • Comparison by Source
    • Obsolete steel scrap - Market size and forecast 2022- 2027
    • Prompt steel scrap - Market size and forecast 2022-2027
    • Home steel scrap - Market size and forecast 2022-2027
    • Market opportunity by Source
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2022-2027
    • Europe - Market size and forecast 2022-2027
    • North America - Market size and forecast 2022-2027
    • South America - Market size and forecast 2022-2027
    • Middle East and Africa - Market size and forecast 2022- 2027
    • China - Market size and forecast 2022-2027
    • US - Market size and forecast 2022-2027
    • India - Market size and forecast 2022-2027
    • Japan - Market size and forecast 2022-2027
    • Russia - Market size and forecast 2022-2027
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Ansteel Group Corp. Ltd.
    • ArcelorMittal SA
    • Baosteel Group Corp.
    • China Baowu Steel Group Corp.
    • Commercial Metals Co.
    • EVRAZ Plc
    • Gerdau SA
    • Metalico Inc.
    • Nucor Corp.
    • Oryx Stainless AG
    • Schnitzer Steel Industries Inc.
    • Sims Ltd.
    • Steel Dynamics Inc.
    • Tata Steel Ltd.
    • United States Steel Corp.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations
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