Scholz Recycling reports lower 2022 sales and profit

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German ferrous scrap recycler Scholz ended 2022 with lower revenues, sales volumes and earnings than it posted a year earlier. According to the latest figures from its Chinese parent company Chiho Environmental Group, Scholz's revenues fell by just under 7 per cent to the equivalent of just under €2.1bn. The group blamed lower scrap prices and declining volumes for the weaker performance.

Read more about Scholz's financial performance, the metals recycler's new projects in Hungary and the Czech Republic, Chiho Environmental's activities in Asia and North America as well as changes in the group's leadership here:...

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