Sims Metal Management boosts earnings as effects of "resetting" measures kick in

CEO Galdino Claro sees potential for ferrous scrap price increases

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(AUS, USA) – Amidst improving conditions, but a still volatile market, Sims Metal Management reported that it had increased both operating earnings and net profits during the first half of its 2016/17 financial year. The US-Australian scrap recycling group booked earnings before interest and tax (Ebit) of AUD97m ...

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