Schnitzer Steel sees hopeful signs of revival in export demand for ferrous scrap

Restructuring makes an impact on underlying earnings in scrap business

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(USA) – Recent increases in export demand for ferrous scrap may signal a positive longer-term trend for the scrap industry, Tamara Lundgren, CEO of Schnitzer Steel, told investors and analysts in late October. Commenting at the presentation of the American steel recycling firm’s annual financial report, she noted ...

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