Who Buys Steel Scrap -
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Steel scrap is a critical raw material for the global metals industry. Buyers range from local "peddlers" and scrap yards to multi-billion dollar international steel corporations. 🏭 Major Industrial Buyers
Because scrap is a globally traded commodity, entire nations act as "buyers" by importing massive volumes for their domestic industries.
The price you receive for scrap depends on where you sit in this hierarchy: who buys steel scrap
While China produces the most steel, it has historically used less scrap percentage-wise (~22%). However, it is now the largest overall consumer of scrap as it shifts toward greener EAF technology.
Selling your scrap metal in 5 steps - London Metal Recycling Steel scrap is a critical raw material for
Companies making stainless steel, alloy steel, or aerospace-grade materials buy high-purity scrap to reuse expensive alloying elements like nickel and chrome. 🏢 Leading Global Companies
One of the world's largest dedicated recyclers; shreds ~80 tonnes of steel per hour. Scrap Processor The price you receive for scrap depends on
The undisputed #1 buyer globally. Turkey relies on scrap for over 85% of its steel production , importing roughly 20-25 million tons annually.