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    The global recycled metal market demand was estimated at 787.5 million tons in 2018 and is expected to grow at a compound annual growth rate CAGR of 4.1 from 2019 to 2025. The market growth is driven by increasing emphasis on the secondary production of metals owing to environmental concerns such as energy consumption and scrap disposal.

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    Aug 24 2017  While not as massive as the mining industry recycling scrap metal is a potent booster for the economy. In the US the metal recycling industry generated 64 billion in 2010 and recovered 40 billion worth of nonferrous metals like aluminum copper and lead. And remember We are yet to recycle enough.

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