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17 Feb
11:55

Cronimet sees further good prospects for stainless scrap

Cronimet anticipates continued good business in 2022 for stainless steel scrap, ferroalloys and primary metals, Kallanish hears from the German-based scrap merchant. In 2021, Cronimet achieved a pre-tax profit of more than €100 million ($114m). Despite increasingly difficult global trade relations, restructuring within the industry and the still ongoing pandemic, it was the highest profit in more than ten years, Cronimet notes. The family-owned group does not…
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