04
Sep
15:40
Scrap merchant Norton returns to profit in 2016
S Norton recorded a 33% on-year increase in shipments in 2016 that, together with rising prices, boosted the UK scrap merchant’s revenue 39% to £205 million ($265.5m) last year. The firm turned to a pre-tax profit of £23.9m versus a loss of £27.7m in 2015.
Norton chairman John Norton says steady global growth in scrap demand over the 12 months enabled the group to achieve a corresponding increase in sales margins. “This was helped c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous