Middle East & Africa Ferrous Scrap Recycling Market Size & Outlook
Global Market
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MEA ferrous scrap recycling market highlights
- The MEA ferrous scrap recycling market generated a revenue of USD 7,226.4 million in 2025.
- The market is expected to grow at a CAGR of 7.5% 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.
MEA data book summary
| Market revenue in 2025 | USD 7,226.4 million |
| Market revenue in 2033 | USD 12,489.9 million |
| Growth rate | 7.5% (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, MEA region accounted for 2.7% 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 Middle East & Africa ferrous scrap recycling market is estimated to grow at a CAGR of 3.3% in terms of revenue, during the forecast period. The growing steel production in the region is expected to benefit the demand of recycled ferrous scrap.
Also, the increasing investment towards industrial sector is anticipated to augment the scrap generation in the country.For instance, in September 2022, India-based Essar Group announced about investing USD 4 billion to construct an integrated flat steelworks plant in Al-Khair Industrial City.
The plant is expected to be completed he 2025. The facility is anticipated to have a 4-million-ton annual capacity and the site will have cold rolled capacity, hot strip capacity, a tin plate line, and two direct reduced iron (DRI) plants.
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Publish Date: Jun 22, 2026
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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 |
Middle East & Africa 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 50.02% in 2025.
Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa ferrous scrap recycling market is estimated to grow at a CAGR of 3.3% in terms of revenue, during the forecast period. The growing steel production in the region is expected to benefit the demand of recycled ferrous scrap.
Also, the increasing investment towards industrial sector is anticipated to augment the scrap generation in the country.For instance, in September 2022, India-based Essar Group announced about investing USD 4 billion to construct an integrated flat steelworks plant in Al-Khair Industrial City.
The plant is expected to be completed he 2025. The facility is anticipated to have a 4-million-ton annual capacity and the site will have cold rolled capacity, hot strip capacity, a tin plate line, and two direct reduced iron (DRI) plants.
- Middle East & Africa Ferrous Scrap Recycling Market Application Outlook (Revenue, USD Million , 2021-2033)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Ferrous Scrap Recycling Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Ferrous Scrap Recycling Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
MEA ferrous scrap recycling market statistics, by application, 2021-2033 (Kilotons)
