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Scrap Metal

Scrap metal is discarded or waste metal material that retains economic value and can be recovered, processed and recycled for reuse in manufacturing. The industry encompasses the collection, sorting, processing and trading of ferrous metals such as steel and iron, as well as nonferrous metals including copper, aluminium, brass, stainless steel and precious metals. Scrap metal arises from multiple sources: end-of-life vehicles, demolished buildings and infrastructure, manufacturing offcuts and turnings, obsolete machinery and equipment, electronic waste, and discarded consumer goods. The sector plays a critical role in the circular economy by diverting material from landfill, reducing the energy and emissions intensity of primary metal production, and conserving finite mineral resources. Processing typically involves collection, sorting by metal type and grade, shredding or cutting, magnetic and eddy-current separation, and melting or refining to produce feedstock for mills and foundries. Major consumers include steelmakers, aluminium smelters, copper refineries and manufacturers of wire, pipe, sheet and castings. Scrap metal prices fluctuate with commodity markets, demand from construction and automotive sectors, and the availability of primary ores. The industry is served by a network of scrapyards, metal merchants, shredding facilities and specialist recyclers, ranging from small local operators to multinational trading houses. Regulatory frameworks govern the handling, transport and export of scrap to prevent theft, ensure environmental compliance and manage the flow of strategic materials. Technological advances in sorting, sensor-based separation and urban mining are expanding recovery rates and the range of metals economically recyclable from complex waste streams.

Scrap Metal Updates


Copper rods
Tesla co founder-backed copper maker Red Metals secures seed funding for US refining plant
5th June 2026 By: Marleny Arnoldi

Canada-listed copper manufacturer Red Metals has secured $10-million in seed funding which will contribute to its planned $70-million facility in Charleston, South Carolina, to scale its novel... 


Imagery from a drone during a metal theft operation
Cape Town’s Metal Theft Unit closes 136 non-compliant scrap traders; recovers 800 kg of stolen metal
25th May 2026 By: Irma Venter

In the ten months between July last year and April this year, the City of Cape Town’s (CoCT’s) Metal Theft Unit made 88 arrests and recovered more than a kilometre of stolen cable and more than 800... 


Cape Town continues roll-out of lockable glass-fibre manhole covers to curb vandalism
8th May 2026 By: Irma Venter

The City of Cape Town’s (CoCT’s) Water and Sanitation Directorate has, to date, installed more than 500 lockable manhole covers across sewer and reticulation infrastructure in the metro. The... 


One of AMSA's steelmaking plants
South Africa steel needs demand not belligerence, regulator says
20th April 2026 By: Bloomberg

The key to rescuing South Africa’s ailing steel industry, in which a unit of ArcelorMittal South Africa (AMSA) is feuding with smaller competitors, is by growing demand rather than fixating on... 


Recycling associations call for intervention from Competition Commission on scrap metal policy
Recycling associations call for intervention from Competition Commission on scrap metal policy
13th April 2026 By: Sabrina Jardim

While South Africa’s scrap metal recycling sector continues to play a vital part in the circular economy, the sector is being held back by the Price Preference System (PPS) policy for scrap metals... 


The installation of a lockable manhole cover in Wesbank
Cape Town continues roll-out of lockable glass-fibre manhole covers to curb vandalism
13th April 2026 By: Irma Venter

The City of Cape Town’s (CoCT’s) Water and Sanitation Directorate has, to date, installed more than 500 lockable manhole covers across sewer and reticulation infrastructure in the metro. The... 


The above image depicts a pile of scrap metal
Scrap recovery aids competitiveness
3rd April 2026 By: Lynne Davies

Central to the sustainability and competitiveness of South Africa’s stainless steel value chain, scrap recovery helps to reduce production costs, lower carbon emissions and ensure that the industry... 


Iron-ore rises on Australia supply disruption concerns
Iron-ore rises on Australia supply disruption concerns
26th March 2026 By: Reuters

Iron-ore futures rose on Thursday, supported by concerns over Australian supply disruptions due to the closure of ports in the Pilbara region following a cyclone. The most-traded May iron ore... 


 AFSA International Aluminium Conference 2026 Concludes with Groundbreaking Insights and Global Collaboration
AFSA International Aluminium Conference 2026 Concludes with Groundbreaking Insights and Global Collaboration
2nd March 2026

The Aluminium Federation of South Africa (AFSA) proudly announces the successful conclusion of the AFSA International Aluminium Conference 2026, held on 25–26 February at The Maslow Hotel, Sandton.... 


Head and shoulders shot of Amanuel
Structural shift under way
27th February 2026 By: Devina Haripersad

Despite the closure of some older steel mills, new investment in steel production is reshaping South Africa’s industry, says steel industry organisation Southern African Institute of Steel... 


RASA welcomes Competition Commission's decisive action against suspected price-fixing in scrap metal market
18th February 2026 By: Sabrina Jardim

The Recycling Association of South Africa (RASA) has welcomed the Competition Commission’s proactive and decisive intervention in the scrap metal sector. RASA points out that, on February 13, the... 


An image of the Seifsa logo
Seifsa concerned over Competition Commission search
16th February 2026 By: Tasneem Bulbulia

Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has voiced its concern about the Competition Commission’s recent raid at four companies in the... 


An image of recovered scrap metal
Cape Gate denies wrongdoing, to challenge warrant following commission’s visit
16th February 2026 By: Tasneem Bulbulia

Officials from the Competition Commission on February 13 conducted an unannounced visit to steel and wire products company Cape Gate’s premises as part of a wider industry inquiry, following... 


A scrapyard
Competition Commission conducts search and seizure at four scrap metal sites in Gauteng
13th February 2026 By: Schalk Burger

The Competition Commission conducted search and seizure operations at the premises of four scrap metal purchasing companies operating in Germiston, Nigel, Vanderbijlpark and Hammanskraal on... 


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pqt: 0.123s - ct: 0.191s - 242pq - 2rq
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