China Metal Recycling Market Size & Outlook, 2025-2030
Global Market
Related Markets
China metal recycling market highlights
- The China metal recycling market generated a revenue of USD 265,323.5 million in 2024 and is expected to reach USD 355,686.4 million by 2030.
- The China market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, aluminum was the largest revenue generating metal in 2024.
- Steel is the most lucrative metal segment registering the fastest growth during the forecast period.
Metal recycling market data book summary
| Market revenue in 2024 | USD 265,323.5 million |
| Market revenue in 2030 | USD 355,686.4 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Steel |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Copper, Aluminum, Other Metals |
| Key market players worldwide | European Metal Recycling, Commercial Metals Co, GFG Alliance, Norsk Hydro ASA, Schnitzer Steel Industries, Novelis, Tata Steel Ltd GDR - 144A |
Other key industry trends
- In terms of revenue, China accounted for 27.0% of the global metal recycling market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China metal recycling market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 21,384.0 million by 2030.
China is the largest producer and consumer of metals in the world. It relies on secondary metals market to meet the existing demand-supply gap for metals in its industries. To make recycled metals available in large volumes for domestic consumption, the country introduced the National Sword policy in 2017 that monitors and stringently reviews the recyclable waste imports of China.
A strong indicator of economic growth is its linkage with the growth of the country’s construction industry. In China, the performance of the construction industry remained overshadowed by the Ever grande debt crisis that resulted in the real estate slump in the country. This added to the economic downturn of China.
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Publish Date: Oct 16, 2025
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Metal Recycling Market Scope
Metal Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Commercial Metals Co | View profile | 13,022 | 6565 North MacArthur Boulevard, Irving, TX, United States, 75039 | www.cmc.com |
| Norsk Hydro ASA | View profile | 32,724 | Drammensveien 264, Oslo, Norway, NO-0283 | www.hydro.com |
| Tata Steel Ltd GDR - 144A | View profile | 73,496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | www.tatasteel.com |
| Novelis | View profile | 10001+ | Atlanta, Georgia, United States, North America | novelis.com |
| European Metal Recycling | View profile | 1001-5000 | Warrington, Warrington, United Kingdom, Europe | www.emrgroup.com/ |
| GFG Alliance | View profile | 10001+ | London, England, United Kingdom, Europe | www.gfgalliance.com |
| Schnitzer Steel Industries | View profile | 1001-5000 | Portland, Oregon, United States, North America | www.schnitzersteel.com/ |
China Metal 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 Metal Recycling Market Outlook will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 52.48% in 2024.
Horizon Databook has segmented the China metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
China is the largest producer and consumer of metals in the world. It relies on secondary metals market to meet the existing demand-supply gap for metals in its industries. To make recycled metals available in large volumes for domestic consumption, the country introduced the National Sword policy in 2017 that monitors and stringently reviews the recyclable waste imports of China.
A strong indicator of economic growth is its linkage with the growth of the country’s construction industry. In China, the performance of the construction industry remained overshadowed by the Ever grande debt crisis that resulted in the real estate slump in the country. This added to the economic downturn of China.
- China Metal Recycling Market Metal Outlook (Revenue, USD Million , 2018-2030)
- Steel
- Copper
- Aluminum
- Other Metals
- China Metal Recycling Market Sector Outlook (Revenue, USD Million , 2018-2030)
- Construction
- Automotive
- Consumer Goods
- Industrial Goods
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Horizon Databook provides a detailed overview of country-level data and insights on the China Metal Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Metal Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Metal Recycling Market, 2018-2030 (US$M)
China metal recycling market statistics, by metal, 2018-2030 (US$M)
