Alba SE’s nine-month earnings higher despite difficult market in steel and metals recycling

Divestitures and changes in German packaging legislation stabilise business

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(D) – The most recent drop in ferrous and nonferrous metal prices had a negative impact on margins in the scrap recycling business of Alba SE, sending earnings lower. However, these effects were more than offset by the divestment of the Tom group in Poland and scrap yards in the Balkan region, which were announced ...

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