Stainless steel recycler ELG Haniel reports revenue and earnings jumps in first half

Scrap output tonnage 11 per cent higher / Outlook moderately optimistic

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(D) – German stainless steel recycler ELG Haniel reports marked growth in revenue and earnings in the first half of 2017. The company benefited from an increase in commodity prices as well as higher output volumes of stainless steel and superalloy scrap thanks to an improved market environment. As a result, the ...

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