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Steel Scrap Market Overview, Manufacturing Cost Structure Analysis, Growth Opportunities & Restraints to 2020

Monday, November 7, 2016 3:23
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The Steel Scrap Market Outlook Industry report provides in-depth analysis of the present scenario and growth prospects considering geographic regions, top vendor analysis, market size, share, dynamics, segmentation by product and application including detail list of exhibits. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors. the global steel scrap market to post a slow but moderate CAGR of nearly 2% by 2020. The rising need to preserve natural resources, especially iron ore, is expected to result in this market moderate growth rate during the forecast period.

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Key Vendors in Steel Scrap Market Outlook Market
The global steel scrap industry is similar to a pyramid structure, where most of the companies are located in the supplier segment. The competitive environment in this market is expected to intensify with an increase in scrap usage innovations and M&A in the coming years. The key players in this market are expected to diversify their geographical presence with a focus on APAC during the forecast period.


The leading vendors in this market are -


AK Steel


Bao Steel




The other prominent vendors analyzed in this market study include Anyang, Hebei Iron and Steel, Hyundai, Nippon Steel & Sumitomo Metal, and POSCO.


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Source-based segmentation of the steel scrap market:

  • Home
  • Prompt
  • Obsolete


Segmentation by grade and analysis of the steel scrap market

  • Shredded scrap
  • No. 2 heavy metal steel and bundles
  • No. 1 heavy metals
  • No. 1 and electric furnace bundles
  • Cut structural and plates
  • No. 1 busheling
  • Turnings and borings

The shredded steel scrap segment to account for a total market share of approximately 21% by 2020. Since this sector consists of homogeneous steel and scraps from auto bodies, the augmented need of disposing such materials is expected to result in market growth during the forecast period.


The Steel Scrap Market Outlook Market is divided into the following segments based on geography:
• Americas

Geographically, the Asian region is predicted to dominate the global market for steel scraps during the forecast period. The recent restriction on the export of nickel ore by the Indonesian government is a significant factor that impels market growth in this region during the forecast period.

In this market research report, analysts have estimated the obsolete segment to be the largest market segment during the projected period. The obsolete segment presently accounts for a market share of nearly 49% and consists of industrial sectors like automobiles, appliances, ships, and bridges. The growing need to properly dispose of all the waste materials generated by these industrial segments is envisaged to account for its high market share during the forecast period.

In the end, the report makes some important proposals for a new project of Steel Scrap Market Outlook Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of Global Steel Scrap Market Outlook Market 2016-2020 industry covering all important parameters.

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Key questions answered in this Steel Scrap Market Outlook Market 2016-2020 report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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About Absolute Report:

Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.


Mr. Ameya Pingaley

Absolute Reports

+1-408 520 9750

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