Industry Analysis & Industry Trends
Nonferrous Metal Recycling industry's revenue has overall suffered in the past five years, as consumers and manufacturers have spent less on products recycled by this industry. However, the growing manufacturing sector will to bolster demand during the five years to 2018 as the industrial production index rises. On the other hand, growing competition from overseas recyclers will hamper growth.... purchase to read more
Industry Report - Industry Locations Chapter
Most importantly, industry operators position themselves close to clients to reduce transportation costs and lead time. Consequently, nonferrous metal recycling plants tend to be located in industrial and manufacturing regions, as well as highly populated urban areas. Industrial facilities not only supply recycling operators with materials to scrap but also demand nonferrous scrap metal from the industry. Along with increasing affluence and changes in consumption patterns, urban regions generate more per capita waste. For example, major company Sims Metal Management operates nine nonferrous metal recycling facilities within 50 miles of New York City... purchase to read more