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Published in issue 4/2022
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(F) – The French recycling and services group Derichebourg ended the first quarter of its 2021/22 financial year, which began on 1 October 2021, with another increase in sales and earnings despite processing less ferrous scrap...
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Business
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Published in issue 20/2021
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(D, PRC) – Ferrous scrap recycler Scholz is further expanding its activities in China. The subsidiary of Chiho Environmental Group has signed a memorandum of understanding with Guangzhou Wanbao Group to build a new recycling site...
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Published in issue 24/2020
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(D) – The German steel scrap recycler Scholz has the opportunity to increase its stake in a joint venture with the aluminium producer China Hongqiao to 49 per cent. According to the cooperation agreement, Hongqiao will invest...
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Published in issue 13/2020
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(D, PRC) – The German metals recycler Scholz intends to expand its activities to the Chinese market. Together with one of the world’s largest aluminium producers, China Hongqiao, Scholz intends to develop and operate a "recycling...
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Published in issue 6/2020
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(NL) – The Dutch end-of-life vehicle recycling organisation ARN is divesting its processing plant for automotive shredder residue (ASR or fluff). Located in the city of Tiel, around 45 km from Arnhem, the facility will be...
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Published in issue 24/2019
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(D) – In an about-face that caught everyone by surprise, German ferrous scrap merchants saw their prices rebound by €25 per tonne in most cases, but sometimes by as much as €30 per tonne in November. The November bounce came after...
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The US-Australian scrap metals giant Sims Metal Management revised its earnings forecast downward early this week . It was now predicting that its results for the first half of its 2020 financial year will be “materially lower...
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Published in issue 17/2019
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(PRC) – The Chiho Environmental Group expects to see a "significant" decline in earnings for the first six months of the current business year. In a profit warning released last week, the Chinese metals recycler said it had based...
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Published in issue 15/2019
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(IND) – The Indian Ministry of Steel has published a draft steel scrap policy with the aim of reducing the country’s dependence on scrap imports and making India self-sufficient. Among other measures, the Ministry is to promote...
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Policy
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Published in issue 12/2019
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(F) – The recycling and services group Derichebourg has officially opened a new site for the recycling of ferrous and non-ferrous scrap metal and waste electrical and electronic equipment (WEEE) in France. The facility in Bassens,...
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