Falling scrap prices and volumes put Sims Metal Management under pressure

Deteriorated market conditions represent "a new-norm"


(WW) – Recycling company Sims Metal Management has released a profit warning for the current financial year. The metals recycler, which is active in the US, Europe and Australia, made the announcement in reaction to a further deterioration in market conditions since summer. Steel scrap prices have plummeted 42 per ...

Read more

You can only use this article with a valid subscription and registration. Registered subscribers can access all articles after entering their user name and password.
- Ad -

Article categories
- Ad -