Latin America Ferrous Scrap Recycling Market Size & Outlook
Global Market
Related Markets
Latin America ferrous scrap recycling market highlights
- The Latin America ferrous scrap recycling market generated a revenue of USD 3,001.6 million in 2025.
- The market is expected to grow at a CAGR of 5.3% from 2026 to 2033.
- In terms of segment, construction was the largest revenue generating application in 2025.
- Consumer Goods is the most lucrative application segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2025 | USD 3,001.6 million |
| Market revenue in 2033 | USD 4,459.4 million |
| Growth rate | 5.3% (CAGR from 2026 to 2033) |
| Largest segment | Construction |
| Fastest growing segment | Consumer Goods |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial Goods, Construction, Consumer Goods, Automotive |
| Key market players worldwide | European Metals Holdings Ltd, Sims Ltd, Schnitzer Steel Industries, American Iron & Metal, Innovative Metal Recycling, OmniSource Corporation, SA Recycling, Rudolf Schuy, TSR Recycling, Ward Recycling |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.1% of the global ferrous scrap recycling market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- MEA is the fastest growing regional market and is projected to reach USD 12,489.9 million by 2033.
The GDP of Central & South America contracted by approximately 8% in 2020, while it grew at a rate of 6.2% in 2021. The negative GDP of the region in 2020 can be attributed to the low baseline established owing to the impact of the COVID-19 pandemic.
Governments of different countries in Central & South America are trying to stimulate their economies to recover from the impact of the pandemic by providing relief packages to consumers and businesses. The country across the region is trying to propel their steel production through electric arc route.
No credit card required*
Publish Date: Jun 22, 2026
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Ferrous Scrap Recycling Market Scope
Ferrous Scrap Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| European Metals Holdings Ltd | View profile | 28,000 | 35 Outram Street, Level 3, West Perth, WA, Australia, 6005 | www.europeanmet.com |
| Sims Ltd | View profile | 4,000 | 189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, Australia, 2020 | www.simsltd.com |
| Schnitzer Steel Industries | View profile | 1001-5000 | Portland, Oregon, United States, North America | www.schnitzersteel.com/ |
| American Iron & Metal | View profile | 1001-5000 | Montréal, Quebec, Canada, North America | aim-global.com |
| Innovative Metal Recycling | View profile | 101-250 | Krefeld, Nordrhein-Westfalen, Germany, Europe | www.imrecycling.de |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | www.omnisource.com/ |
| SA Recycling | View profile | 1001-5000 | Orange, California, United States, North America | sarecycling.com |
| Rudolf Schuy | View profile | 51-100 | Limburg, Hessen, Germany, Europe | schuy.eu |
| TSR Recycling | View profile | 1001-5000 | Lünen, Nordrhein-Westfalen, Germany, Europe | www.tsr.eu/ |
| Ward Recycling | View profile | 251-500 | Woodville, Derbyshire, United Kingdom, Europe | www.ward.com |
Latin America Ferrous Scrap Recycling Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Ferrous Scrap Recycling Market Outlook will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 48.48% in 2025.
Horizon Databook has segmented the Latin America ferrous scrap recycling market based on industrial goods, construction, consumer goods, automotive covering the revenue growth of each sub-segment from 2021 to 2033.
The GDP of Central & South America contracted by approximately 8% in 2020, while it grew at a rate of 6.2% in 2021. The negative GDP of the region in 2020 can be attributed to the low baseline established owing to the impact of the COVID-19 pandemic.
Governments of different countries in Central & South America are trying to stimulate their economies to recover from the impact of the pandemic by providing relief packages to consumers and businesses. The country across the region is trying to propel their steel production through electric arc route.
- Latin America Ferrous Scrap Recycling Market Application Outlook (Revenue, USD Million , 2021-2033)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
Reasons to subscribe to Ferrous Scrap Recycling Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Ferrous Scrap Recycling Market Outlook databook
- Our clientele includes a mix of Ferrous Scrap Recycling Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Ferrous Scrap Recycling Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Ferrous Scrap Recycling Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Application - Ferrous Scrap Recycling Market Statistics, 2025 - 2033 (US$M)
