Considering the importance of waste metals for the transition to circular economies, this study follows a bio-inspired approach to evaluate their material and monetary global trade patterns for sustainability and equity. Between 2000 and 2022, the global trade grew by 5 % in trading countries, by 37 % in trade links, by 71 % in material flows, and by 569 % in economic flows. Driven by indirect effects, the average circulation of material and monetary flows ranged between 21.8–34.9 % depending on the demand or supply perspective but showed a declining trend. Due to homogenization, high network redundancy, and low network efficiency the trade remained robust yet outside the "window of vitality" characterizing natural ecosystems. A few, mostly high-income countries dominated the market, consolidating imports of high-value metal waste mostly from low- and middle-income exporters. Policies should address circularity and trade inequities, accounting for environmental and social ramifications throughout the lifecycle of products and materials.

The inclusion of the informal recycling sector (IRS) in a circular economy (CE) is challenging and it is gaining increasing attention by the academic community in an exponential yet fragmented way. In this narrative review, we demarcate the direct and indirect contributions of the IRS to various domains of the CE by drawing knowledge from relevant literature. First, we capture the modi operandi of different forms of recycling value chains into a typology. We do so based on distinct foci and policy approaches towards the IRS which have been adopted across different countries. Second, we synthesize various threads of information on reported forms of collaboration, tensions, and challenges in the context of urban waste management, into a conceptual framework to facilitate transitions towards circular and inclusive wise-waste systems. Finally, we discuss important aspects related to circular business models and integration approaches towards the IRS, and we propose avenues for further research.