首页|Metals recycling growth hinges on duty-free imports of scrap
Metals recycling growth hinges on duty-free imports of scrap
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NSTL
Global metal recycling market was valued at $957.8 bn in 2019 and is expected to expand at a compounded annual growth rate (CAGR) of 4.9% between 2020 and 2027. In an effort to assure supply and satisfy the country's climate obligations, China has announced plans to expand the usage of steel scrap by 23% to 320 million tonne (mt) by 2025, as well as increase production of recycled nonferrous metals.