28
Mar
17:03
Recycler ISA softens loss via divestitures, debt reduction
Diversified ferrous, non-ferrous and automobile recycler Industrial Services of America used the “challenging” metals pricing environment in 2015 to concentrate on reducing its debt, Kallanish learns from the company’s year-end earnings review.
ISA posted a net loss of $1.8 million in 2015, down from a loss of $7.3m in 2014. The company attributes the gain to the $6m divestiture of its waste services business segment.
Both lower metals prici…
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Anonymous
Very good overview of the weekly steel market.
Anonymous