Selling your scrap metal in 5 steps - London Metal Recycling
Several massive corporations dominate the purchasing and processing of steel scrap. Notable Detail Steel Producer
Because scrap is a globally traded commodity, entire nations act as "buyers" by importing massive volumes for their domestic industries. who buys steel scrap
Traditional blast furnace operations also buy scrap (typically 10-25% of their "charge") to cool the molten iron and improve efficiency.
One of the world's largest dedicated recyclers; shreds ~80 tonnes of steel per hour. Scrap Processor Selling your scrap metal in 5 steps -
These buyers melt scrap to cast it into specific parts for the automotive, machinery, and tool industries.
Formerly Schnitzer Steel; a major supplier to both domestic and export markets. Integrated Recycler One of the world's largest dedicated recyclers; shreds
The price you receive for scrap depends on where you sit in this hierarchy: