Ferrous Scrap Market
Regions Covered
China
USA
Europe
Regions Covered
China
USA
Europe
Ferrous scrap supply in USA is expected to increase by a CAGR of 3% for the period 2018. Consumption of ferrous scrap in USA is expected to increase by around 2.5% for the same period due to stable growth of the steel industry. Ferrous scrap production in Europe is expected to increase by a CAGR of 2% in 2018, as the surplus ferrous scrap market is expected to make the scrap processers to process lesser scrap. With the crackdown on illegal ferrous scrap trading and China is discouraging ferrous scrap exports by imposing a 40% export tax, as it is considered an essential raw material for its domestic steelmaking industry. These factors are mostly likely to increase domestic supply and restrict any major price rise.
Beroe gathers intelligence through primary sources that include industry experts, researchers and consultants, as well as current suppliers, producers and distributors. Secondary sources can include subscriptions, business journals, newsletters, magazines, market research data, company sources and industry associations. Following data collation, analysis and strategic review, the final report is published.
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