Scholz reports annual turnover of only €1.1bn for 2016

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(D) – The steel scrap recycler Scholz posted a turnover of just €1.1bn in 2016, according to recently released figures from the Chinese metal recycler Chiho-Tiande, which acquired Scholz at the end of last year for a price of €1. Scholz’s revenues thus fell by around half compared with 2015, perpetuating a ...

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