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 Products Chapter
Copper and copper alloy scrap
Copper and copper alloy scrap revenue is expected to make up 36.1% of the industry in 2013. During the past five years, the 2.3% annualized increase in the price of copper boosted the value of this segment as a share of revenue; in 2008, this segment generated about 31.1% of revenue. Copper is one of the most widely used metals to make rods, bars and wires that are used in products like power cables and plumbing tubes. About 30.0% of global copper consumption comes from scrap metal according to the International Copper Study Group.
Aluminum is the most widely used nonferrous base metal in the U.S according to a 2012 publication from the Institute of Scrap Recycling Industries (ISRI)... purchase to read more