The market prospects for metal recycling are broad.
Date:2026-07-11 Views:94
With the continuous development of my country's social economy, steel and non-ferrous metals are the production foundation for most industries, including aviation, aerospace, automobiles, machinery manufacturing, power, communications, construction, and home appliances. Their production consumption is large, resulting in a daily increase in scrap metal, providing a relatively abundant source of raw materials for the recycling industry. The "14th Five-Year Plan for Circular Economy Development" proposes that by 2025, the output of recycled non-ferrous metals will reach 20 million tons, and the utilization of scrap steel will reach 320 million tons, providing sufficient raw material supply for the metal recycling market. The metal recycling market has broad prospects, and by 2028, the market size for scrap steel and scrap non-ferrous metal recycling is expected to approach 3 trillion yuan.
