Nov 15 2010
Research and Markets has announced the addition of the "Scrap Metals-Recycling" report to their offering.
Brief Excerpt from Industry Overview Chapter
The US scrap metals-recycling industry includes about 8,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $80 billion. Major scrap metal wholesalers include Schnitzer Steel, The David J Joseph Company, and the US operations of Australia-based Sims Metal Management. Major operators of facilities where recyclable materials, including scrap metal, are sorted include Waste Management and Republic Services. The industry is fragmented and local because the low value-to-weight ratio of most scrap discourages long-distance transportation.
COMPETITIVE LANDSCAPE
Demand from the steel, auto, and construction industries drives the scrap metal industry. The profitability of individual companies depends on cultivating relationships with suppliers and buyers. Most companies are small and compete by specializing in one type of material in their local market. Large companies have economies of scale in purchasing equipment and transportation. The industry is capital-intensive: average annual revenue per employee for recyclable material sorting facilities is about $745,000; for scrap metal processors, about $270,000.
PRODUCTS, OPERATIONS & TECHNOLOGY
Scrap metals-recycling companies collect, process, and resell materials like metals, glass, plastics, and paper. The industry processes about 130 million tons of material annually, including 70 million tons of iron and steel (ferrous metals); 60 million tons of paper and paperboard (cardboard); 9 million tons of nonferrous metals like aluminum, copper, stainless steel, lead, and zinc; 4 million tons of glass; and 300,000 tons of plastics (PET and HDPE bottles).
Key Topics Covered:
Industry Overview
Quarterly Industry Update
Business Challenges
Trends AND Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Website and Media Links
Glossary of Acronyms