Market Overview and Growth Outlook From USD 403.2 billion in 2023, the scrap metal recycling market increased 4.7% to USD 422.1 billion in 2024. Annual demand is expected to rise another 4.5% to USD 441.1 billion in 2025 before reaching USD 584.4 billion in 2032. The scrap metal recycling market is expected to grow at a CAGR of 4.1% during 2025-2032. The forecast is underpinned by...