The primary end-users of steel scrap are facilities that melt and refine metal into new products.
Significant regional buyers in Asia that import scrap for their automotive and shipbuilding industries. 🪜 The "Buyer Hierarchy" who buys steel scrap
Formerly Schnitzer Steel; a major supplier to both domestic and export markets. Integrated Recycler The primary end-users of steel scrap are facilities
The undisputed #1 buyer globally. Turkey relies on scrap for over 85% of its steel production , importing roughly 20-25 million tons annually. who buys steel scrap
The price you receive for scrap depends on where you sit in this hierarchy:
Traditional blast furnace operations also buy scrap (typically 10-25% of their "charge") to cool the molten iron and improve efficiency.