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Schnitzer plans investments of up to $85m in improved scrap metals separation technology

New sorting equipment to enable the company to end Zorba sales in 2021

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(USA) – The US recycling group Schnitzer Steel Industries is planning to invest between $75m and $85m (ca. €68-77m) in new sorting technology for non-ferrous metals. The concern laid out its plans for the technology roll-out in its fourth-quarter earnings call in late October. The equipment was to improve the ...

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