Global Steel Scrap Market to Reach USD 145 Billion by 2035; Ferrous...

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2025-12-09 11:57:58 -

Global Steel Scrap Market to Reach USD 145 Billion by 2035; Ferrous Scrap and Industrial Recycling Drive Growth

The global steel scrap market is poised for significant growth over the next decade, fueled by rising demand for sustainable steel production, cost-effective raw materials, and adoption of circular economy practices. According to FactMR, the market is valued at USD 88.0 billion in 2025 and is projected to reach USD 145.0 billion by 2035, expanding at a compound annual growth rate...

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