The UK is one of the five largest metal scrap exporting countries in the world.
Metals recycling contributes more than any other sector to UK targets for the prevention of waste through recovery of ‘end of life’ products
Ferrous Metals
4.6 million tonnes of iron and steel and stainless steel scrap was supplied to steelworks in the UK, and 0.9 million tonnes to UK foundries – 6.1 million tonnes was exported.
Major markets were Europe, particularly Spain, and Asia, particularly India. The worldwide market for ferrous scrap is predicted to continue its steady growth, which has averaged around 5% per annum over the past 12 years
