Global Demand Trends in Metal Scrap: A Quick View for 2025
The global metal-scrap market is currently experiencing mixed momentum. Overall scrap consumption has softened, with a decline of about 6.9% in the first half of 2025, mainly driven by slower demand in China, the EU, and the U.S.
Source:https://gmk.center/en/news/global-scrap-consumption-fell-by-6-9-y-y-in-1h2025/
At the same time, demand is rising in key growth markets such as India and Turkey, supported by expanding manufacturing activity and stronger reliance on recycled materials.
Stainless-steel scrap remains a crucial part of this landscape. Although some regions are substituting with alternatives like nickel pig iron, global market value is still projected to grow steadily from USD 38.5 billion in 2025 to over USD 70 billion by 2034.
Source: https://www.custommarketinsights.com/press-releases/stainless-steel-scrap-market-size/
With stainless-steel melt-shop output increasing in several major producing regions, recycled feedstock continues to play an essential role in supporting sustainable production.
Source: https://www.recyclingtoday.com/news/stainless-steel-output-china-europe-usa-q2-2025-recycling/
For buyers in emerging markets, especially India, this represents an opportunity to secure reliable, quality scrap supplies as global trade patterns shift.