Global Recycled Metal Market to Observe Strong Development by 2024
The global recycled metal market is highly fragmented as top three vendors, namely OmniSource Corporation, European Recycled Metal, and Sims Metal Management Ltd. accounted for 14.5% of the global market in 2015 and smaller players contributed to about 78.6%. However, the companies such as Nucor Corporation and Schnitzer Steel Industries, Inc., have also emerged as prominent players in this market. The presence of high number of small players is expected to keep the intensity of the competition high during the...
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