Steel Scrap Market Growth Accelerates as Manufacturers Shift to Recycled Inputs
Rockville, MD, November 14, 2026 – The global steel scrap market is projected to reach USD 159.7 billion by 2036, up from USD 97.1 billion in 2026, expanding at a CAGR of 5.1% during the forecast period, according to Fact.MR. Valued at USD 92.4 billion in 2025, the market is expected to generate an additional USD 62.6 billion in revenue by 2036 as steel manufacturers increase their...
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