Scholz results suffer amid weak demand from automotive and machine building industries

Parent company Chiho relocates operations in wake of Chinese import bans

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(PRC, D) – The German ferrous scrap recycler Scholz suffered a significant drop in revenues and profits in the first half of the current financial year. According to a new financial report from the company’s Chinese parent Chiho Environmental Group, Scholz generated turnover of HKD6.9bn (approximately €800m) in ...

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