Drops in commodity prices lead to revenue and earnings slump for ELG Haniel

Stainless steel recycler posts operating loss in 2015

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(D) – Stainless steel recycler ELG "held its ground comparatively well in a very difficult market en­vironment", as its German parent group Haniel reported in its 2015 annual report. This was nevertheless one of the few positive things the company could say about the sobering figures posted by its Duisburg-based ...

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