U.S. Metal Recycling Market Size & Outlook, 2025-2030
Global Market
Related Markets
U.S. metal recycling market highlights
- The U.S. metal recycling market generated a revenue of USD 78,723.4 million in 2024 and is expected to reach USD 92,945.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.1% 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 78,723.4 million |
| Market revenue in 2030 | USD 92,945.1 million |
| Growth rate | 3.1% (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, U.S. accounted for 8.0% 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 North America, U.S. metal recycling market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 92,945.1 million by 2030.
According to the latest statistics released by the World Integrated Trade Solution, World Bank, the U.S. is one of the largest scrap suppliers globally. Hence, the country is one of the largest net exporters of metal recycling in the world. The key export destinations were China, Germany, South Korea, Belgium, and Japan.
Industrialization and continuing investment in infrastructure have resulted in increased metal requirements in many states. According to the Federal Reserve Bank of St. Louis, the construction industry in the U.S. accounted for approximately 4% of its GDP in 2023, witnessing a marginal increase from 3.9% in 2022.
Furthermore, the rising demand for renewable energy and government policies to switch to solar energy have increased the demand for sustainable construction in the country. Further, the growing number of EVs has also raised the demand for decarbonized metal, such as steel and copper, thereby increasing the demand for metal recycling in the U.S.
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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/ |
U.S. 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 46.7% in 2024.
Horizon Databook has segmented the U.S. metal recycling market based on steel, copper, aluminum, other metals covering the revenue growth of each sub-segment from 2018 to 2030.
According to the latest statistics released by the World Integrated Trade Solution, World Bank, the U.S. is one of the largest scrap suppliers globally. Hence, the country is one of the largest net exporters of metal recycling in the world. The key export destinations were China, Germany, South Korea, Belgium, and Japan.
Industrialization and continuing investment in infrastructure have resulted in increased metal requirements in many states. According to the Federal Reserve Bank of St. Louis, the construction industry in the U.S. accounted for approximately 4% of its GDP in 2023, witnessing a marginal increase from 3.9% in 2022.
Furthermore, the rising demand for renewable energy and government policies to switch to solar energy have increased the demand for sustainable construction in the country. Further, the growing number of EVs has also raised the demand for decarbonized metal, such as steel and copper, thereby increasing the demand for metal recycling in the U.S.
- U.S. Metal Recycling Market Metal Outlook (Revenue, USD Million , 2018-2030)
- Steel
- Copper
- Aluminum
- Other Metals
- U.S. 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 U.S. Metal Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Metal Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Metal Recycling Market, 2018-2030 (US$M)
U.S. metal recycling market statistics, by metal, 2018-2030 (US$M)
