First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Recyclable Material Wholesalers
SIC Codes: 5093
NAICS Codes: 42393
Last Quarterly Update: 5/16/2022
Companies in this industry engage in wholesale distribution of automotive scrap, industrial scrap, and other recyclable materials. Major scrap wholesalers include America Chung Nam, Commercial Metals Company, and The David J Joseph Company (all based in the US), as well as ELG Haniel and TSR Recycling (Germany), European Metal Recycling (the UK), and Sims Metals (Australia).
Worldwide, the recycling industry has an estimated annual turnover of $500 billion supplying 40% of the global raw material needs, according to the Bureau of International Recycling. Leading scrap metal importers include Turkey and India, according to Statista. Demand for scrap is growing fastest in Asian markets, particularly in China and India.
The recyclable material wholesalers industry in the US include about 8,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $80 billion. The industry includes auto wreckers primarily engaged in dismantling motor vehicles for the purpose of wholesaling scrap.
Competitive Landscape
Demand from the steel, auto, and construction industries drives the scrap metal wholesaling industry. The profitability of individual companies depends on cultivating relationships with suppliers and buyers. Most companies are small and compete by specializing in one type of material in their local market. Large companies have economies of scale in purchasing equipment and transportation. The industry in the US is fragmented: the top 50 companies account for about 50% of revenue.
Europe is the world's largest scrap exporter, shipping about 22 million metric tons in scrap products in 2020, according to Statista. Major export markets for US waste and scrap include China, Canada, Mexico, Japan, and the United Kingdom. Exports account for about 20% of US production.
Products, Operations & Technology
Major sources of revenue are ferrous metal scrap (recyclable and prepared), which accounts for about 60% of sales. Other sources include aluminum scrap, ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

03/07/2022
12/20/2021
09/20/2021
07/19/2021
04/19/2021
01/11/2021
11/23/2020
10/26/2020
07/27/2020
12/16/2019
04/22/2019
01/21/2019
10/15/2018
07/16/2018
04/16/2018
01/15/2018
10/09/2017
06/26/2017
03/27/2017
12/19/2016
09/19/2016
06/20/2016
03/21/2016
12/14/2015
09/07/2015
06/08/2015
03/09/2015
12/08/2014
09/15/2014
06/23/2014
03/31/2014
12/16/2013
09/16/2013
06/24/2013
04/01/2013
01/07/2013
10/01/2012
07/16/2012
04/23/2012
01/23/2012
10/10/2011
07/11/2011
03/28/2011
12/13/2010
09/20/2010
06/14/2010
03/01/2010