European Metal Recycling posts statutory loss in the hundreds of millions of pounds for 2016

British competition authority examines takeover of Metal & Waste Recycling


(UK) – European Metal Recycling Ltd. (EMR) has posted a statutory loss of £155m (ca. €174m) for the 2016 calendar year, but that figure reflects nearly -£200m in extraordinary items after tax. On an underlying basis, the UK-based ferrous and non-ferrous scrap metals recycler reported a profit of £77m, up from a ...

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