EverMetal Holdings has acquired CAI Custom Alloys, a US-based supplier of high-performance superalloys, marking its entry into the US recycling market with a focus on critical metals used in aerospace, defense, power generation, and technology. Backed by GEF Capital Partners, EverMetal plans to build an integrated supply chain for strategic metals including nickel, cobalt, tungsten, tantalum, rhenium, hafnium, titanium, and niobium. The acquisition positions EverMetal as a key player in consolidating the fragmented superalloy recycling sector. EverMetal CEO Hugo Schumann, who previously worked in mining, emphasized a strategic shift toward recycling and critical metals. The company plans three to five additional acquisitions over the next three years, with initial focus on US collection and preprocessing operations, and future expansion into the UK, particularly Sheffield. CAI, headquartered in Belvidere, Illinois, holds vacuum-melt certifications from major aerospace customers and processes superalloys for high-specification components. EverMetal intends to expand CAI’s operations with a second shift, increased sorting capacity, and new XRF scanning technologies, while potentially bringing lab work in-house. The company will rely on CAI’s leadership, including President Jeff Rubino and VP C.T. Hardison, to maintain customer relationships. EverMetal also plans to publish its first sustainability reports this year, influenced by GEF’s climate solutions expertise, and intends to expand operations to Huntsville, Alabama, and Wichita, Kansas, both with major aerospace industries. Outreach to the Department of Defense is planned but not yet initiated.

The global ferroalloys market was valued at US$56.23 billion in 2024 and is projected to reach US$115.02 billion by 2033, growing at a CAGR of 8.3% from 2025 to 2033. Demand is driven by recovering steel production, particularly in China, which produced 438.61 million tons of crude steel in the first five months of 2024. Key ferroalloys such as ferrosilicon, ferromanganese, and ferrochrome are in high demand for steel and specialty alloy production. The market faces challenges including raw material price volatility, supply chain instability, and rising energy costs. Major producers like South32, Eramet, and Glencore are adjusting production targets and expanding capacity. China remains the largest producer and consumer, importing ferroalloys worth $20.3 billion and exporting $1.96 billion, with significant trade flows to Indonesia, Japan, and South Korea. The Asia Pacific region accounted for a market size of USD 7.98 billion in 2024. Strategic investments, including new projects in China's Ulanqab region and capacity expansions by producers, are shaping the future of the market.

The stainless steel scrap and nickel markets are navigating complex trade and supply challenges at ReMA 2025. Panelists discussed nickel oversupply, U.S. tariff policies with Mexico and Canada, and the shift toward using nickel pig iron (NPI) in stainless steel production. North American markets remain relatively stable despite policy uncertainty, while European markets face pressure from overcapacity and Chinese competition.

The global recycled metal market is expected to grow from $75.47 billion in 2025 to $99.13 billion by 2029, driven by green manufacturing and sustainability initiatives. Key sectors include construction, automotive, and industrial machinery, with major players such as ArcelorMittal, Nucor, Tata Steel, Sims Metal Management, and Aurubis AG. Technological advancements and strategic partnerships are fueling growth.

A comprehensive market study by Coherent Market Insights projects significant growth in the Nickel Alloys Market between 2025 and 2032. The report offers insights into regional and global market dynamics, value chain analysis, key investment areas, competitive landscape, and major market segments. It highlights strategies and emerging opportunities for industry professionals, policymakers, stakeholders, investors, and newcomers aiming to gain a competitive edge in the market.