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Ferrous scrap recycler Scholz books another €100m loss in its 2016 financial year

Parent company Chiho-Tiande Group closes the year with a negative result

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(D, PRC) – In spite of an upward trend, the German metals recycling group Scholz was not able to turn a profit in 2016. The company closed the year with a consolidated loss of almost €100m, following a loss of €232m in 2015. The 2016 figures were reported by the Chinese mixed metals recycler Chiho Tiande Group ...

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