Industry Analysis & Industry Trends
Firms in the Waste and Scrap Wholesaling industry wholesale or resell metal and non-metal waste and scrap. These products are exported or sold to downstream customers, often manufacturers, or to recyclers and processors. Scrap metal is the most common product sold by the industry, while plastic and glass are also major product segments.
The industry has been subject to a high level of volatility over the past five years, owing to price and demand fluctuations in key global metal markets. Global metal prices have slumped in response to oversupply and weaker Chinese demand. Scrap material availability has decreased as a result, due to upstream suppliers of scrap and waste limiting output in hope of future price increases... purchase to read more
Industry Report - Industry Locations Chapter
The main factors influencing the locations of industry establishments are expected to be proximity to inputs, in particular scrap metals, as well as access to downstream industries.
The West Midlands
The West Midlands is expected to be home to 12.8% of industry establishments, more than any other UK region although its share of establishments has decreased in recent years. The region offers a large supply of scrap metals, given the large manufacturing presence. The region is also ideally located for wholesalers as it is central and easily accessible from a number of other regions. There are also a high number of recycling facilities in the West Midlands, meaning there is a useful supply of downstream operators.
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