All About Steel Scrap – A Complete PDF Guide

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Scrap is a recyclable material left over from product manufacturing and consumption, such as parts of vehicles, building supplies, and surplus materials. Unlike waste, scrap has monetary value, mainly recovered metals, and non-metallic materials are also recovered for recycling. Steel scrap consists of discarded steel or steel products, usually segregated by composition and size or ‘grade’ suitable for melting.

MARKET PLAYERS:

  •   ArcelorMittal S.A.
  •   Baosteel Resources Co., Ltd.
  •   Commercial Metals Company
  •   Gerdau Ameristeel Corporation
  •   Maanshan Iron & Steel Company Limited
  •   Metalico Inc.
  •   Nucor Corporation
  •   Oryx Stainless Group
  •   Schnitzer Steel Industries Inc.
  •   Steel Dynamics Inc.

MARKET SEGMENTATION

The global steel scrap market is segmented on the basis of grade and source. On the basis of grade, the global steel scrap market is divided into shredded, No.1 busheling, cut structural and plate, No.1 and electric furnace bundles, No.2 heavy metal steel and bundles, No.1 heavy metal, turnings and borings, slag, and others. On the basis of application, the global steel scrap market is divided into home scrap, prompt scrap, and obsolete scrap.

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