Autumn steel scrap price collapse drives Sims loss for first half of financial year 2020

Eleven scrap yards closed in the UK under restructuring plan


(US, AUD) – Sims Metal Management announced a sharp drop in both sales and earnings for the first half of its financial year, ended 31 December. In what CEO Alistair Field described as a "period that has been challenging for all recycling companies globally", Sims’ revenues tumbled by nearly 19 per cent to ...

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