23
Aug
15:07
Recycler Scholz sees difficult start to 2016
Scholz, one of Germany’s largest scrap merchant groups, performed under its expectations in the first five months of the year but sees a silver lining in the months ahead, it says. The company is in the process of restructuring with the backing of a new Chinese investor.
Due to low prices especially at the beginning of this year, the management expects that full year 2016 will see a fall in revenue by -25%, but an improvement in operating margin. It notes …
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Anonymous
Very good overview of the weekly steel market.
Anonymous