First Research US Industry Profile

View Sample
Recyclable Material Wholesalers
SIC Codes: 5093
NAICS Codes: 42393
Last Quarterly Update: 4/22/2019
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 (EMR; the UK), and Sims Metal Management (Australia).
Worldwide, the recycling industry generates more than $200 billion in annual revenue, according to the Bureau of International Recycling. Leading scrap metal importers include Turkey, South Korea, and India. 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 45% of revenue.
The US is the world's largest scrap exporter, shipping more than $20 billion in scrap products to more than 150 countries in 2018. Major export markets for US waste and scrap include China, Canada, Mexico, South Korea, and India. Exports account for about 25% of US production. US exports of scrap materials have fallen about 45% since peaking at $32.8 billion in 2011, according to the Commerce Department.
Products, Operations & Technology
Major sources of revenue are ferrous metal scrap (iron and steel), which accounts for about 50% of sales, and nonferrous metal scrap (mainly aluminum, ... 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)

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