Who Buys Steel Scrap -

Significant regional buyers in Asia that import scrap for their automotive and shipbuilding industries. 🪜 The "Buyer Hierarchy"

Traditional blast furnace operations also buy scrap (typically 10-25% of their "charge") to cool the molten iron and improve efficiency. who buys steel scrap

The price you receive for scrap depends on where you sit in this hierarchy: Significant regional buyers in Asia that import scrap

Several massive corporations dominate the purchasing and processing of steel scrap. Notable Detail Steel Producer who buys steel scrap

The second-largest importer. Driven by a massive push for new infrastructure, India's demand is growing rapidly.

The undisputed #1 buyer globally. Turkey relies on scrap for over 85% of its steel production , importing roughly 20-25 million tons annually.

Formerly Schnitzer Steel; a major supplier to both domestic and export markets. Integrated Recycler