The global scrap metal recycling market is experiencing robust growth as industries increasingly adopt sustainable practices while meeting rising demands. The market’s upward trajectory is fueled by a combination of environmental consciousness, economic benefits, and expanding sectors reliant on scrap metals.
Earlier this month, Wen Yonghong, secretary-general of the Aluminum Working Committee of Trade and Economic Multifunctional Platform for SCO Countries, led the member companies of the organization to the Hyderabad Industrial Zone in Pakistan for a field research.
“Hyderabad Industrial Zone has a mature metal-recycling industrial chain and excellent production equipment, which makes it a perfect partner for further China-Pakistan metal-recycling cooperation. We are willing to strengthen cooperation with Pakistan and develop the industry together,” said Wen Yonghong.
During the visit, the delegation visited metal-recycling-related factories in the industrial zone and had exchange with the Hyderabad Chamber of Commerce with a memorandum of cooperation signed. The two sides planned to conduct all-round cooperation in the recycling and remelting of scrap metal. Hyderabad Chamber of Commerce promised to give full support and assistance to the early completion of the project.
