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China Scrap Metals Industry Report (2016-2021), Investment Forecast, Demand of Production and Sales

China Scrap Metals Industry Report (2016-2021), Investment Forecast, Demand of Production and Sales

Last Update:2016-09-26

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As a renewable resource, scrap metals' position is increasingly prominent in the context of increasing scarcity of mineral resources. Currently, the utilization rate of China's scrap metals is relatively low compared with the abroad. But a variety of scrap metal recycling technologies continues to improve; the utilization of scrap metals will be steadily increased.

During the "Eleventh-Five Year”, China's total output of 1.54 billion tons of crude steel consumed 239 million tons of scrap steel, 21% of steel output. That is to say 21% of scrap steel is smelted, while the world average rate is from 40 % to 50%. The gap is large, which means that potential of applications of scrap steel is still great.

With China’s economic development, demand for non-ferrous metals continues to grow. China's non-ferrous metal output ranked first for several consecutive years in the world and it becomes a country with huge production and consumption. China's consumption of copper and aluminum rank first in the world. Copper consumption accounts for 22 percent of total global consumption of copper while the proportion of aluminum is 25%. Although China has vast territory, non-ferrous metal resources are not abundant enough and it needs to be imported to meet the needs of economic development. Over the past ten years, according to the consumption patterns of non-ferrous metals, China will produce more scrap metals and recycle, of which about 27% copper and 30% aluminum can be recycled. With increase of capacity of recycling scrap metals of refinery , demand for ferrous scrap metals in the next few years will remain high.

This report is based on long-term market tracking information by Forward Intelligence on scrap metals industry. The report analyzes the market environment of scrap metals industry; development of scrap metals industry; market research of scrap steel industry; market research of scrap bronze industry; market research of other scrap metals industry; current development of scrap metals industry in key areas; operation of typical enterprises of scrap metals industry; status quo and forecast of investment of scrap metals industry Meanwhile, based on first-hand market data of the whole industry in the past five years, it can allow you to fully and accurately grasp market trends and development trends of the whole industry.

The greatest feature of this report is forward-looking and timeliness. It does thorough and objective analysis of the overall market capacity, market scale, competitive landscape and characteristics of market demand of China's current scrap metals industry. Based on the development path and years of practical experience, it makes careful analysis and prediction of the future development trends of scrap metals industry. It is a rare quality for scrap metals enterprises, research institutes, marketing companies and investment companies to accurately understand the latest developments of the industry, grasp market opportunities, make the right business decisions and clear corporate directions.

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