Scholz posts double-digit drop in volumes and earnings in pandemic year 2020

Profit at Chiho’s European business shrinks by more than 40 per cent


(D) – German steel recycler Scholz is yet another business adversely impacted by the coronavirus pandemic and the resulting economic downturn last year. According to the latest figures published by its Chinese parent company Chiho Environmental Group, Scholz’s revenues and sales volumes both slumped in 2020. In ...

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