29
Jun
19:05
Schnitzer credits decarbonisation, public spending for recycling optimism
Portland, Oregon-based metals recycler Schnitzer Steel reported net income of $14 million on revenue of $810m in its fiscal third quarter of 2023, Kallanish learns.
“While the near-term economic environment is showing some signs of a slowdown, the long-term structural demand for recycled metals remains positive, supported by the increased focus on decarbonisation, the transition to low-carbon technologies, and the anticipated demand associated with the Infra…
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Anonymous
Very good overview of the weekly steel market.
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