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Jul 8, 2025  |  
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NextImg:Why Metal Recyclers Are Optimistic About Tariffs

The recycled metals industry is growing domestically and internationally, in part fueled by the rapid expansion of construction and automotive manufacturing. Now, tariffs may be giving it a boost.

The U.S. market for scrap metal recycling registered a growth of 3.7 percent between 2017 and 2021. The global recycled metals market is expected to expand 6 percent from 2025 to 2034, according to an analysis by Precedence Research. It was valued at $2.8 billion in 2024.