By the end of 2032, it is predicted that the scrap metal recycling business in Europe would have grown to more than US$ 29.1 billion from its current market valuation of US$ 16.9 billion. The market is anticipated to grow at a CAGR of 5.5% between 2022 and 2032.
The recycling of scrap metal in Europe has become an essential part of the continent's efforts to manage its resources sustainably....