Latest Metal Recycling Industry News

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Sims Limited reported a 3.7% rise in half-year sales revenue to A$3.78 billion, propelled by strong non-ferrous prices and robust growth in its Lifecycle Services division. Underlying EBIT soared 65.9%, reflecting strategic acquisitions and operational efficiencies despite challenging ferrous markets.
Maxwell Dee
Maxwell Dee
17 Feb 2026
NAM has acquired Tri-Coastal for US$66.5 million, consolidating its Houston operations to enhance market share, operational efficiency, and margins in the ferrous scrap sector.
Maxwell Dee
Maxwell Dee
10 Feb 2026
Sims Limited is consolidating its Houston footprint by acquiring Tri Coastal Trading assets and selling its Mayo Shell property, aiming to boost EBITDA and cut costs significantly.
Maxwell Dee
Maxwell Dee
9 Feb 2026
Sims Limited reported a 4.1% rise in FY25 sales revenue to A$7.494 billion and a near tripling of underlying EBIT to A$174.9 million, driven by improved trading margins and strong growth in lifecycle services. The company’s strategic focus on decarbonisation and circular economy positions it well for sustained demand, especially from AI-driven data centre expansion.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Sims Limited reported a 4.1% rise in FY25 sales revenue to $7.49 billion and a 198% surge in underlying EBIT, driven by strong metal trading margins and AI-related demand growth. The company also boosted its fully franked dividend by 130%, signaling confidence despite ongoing market headwinds.
Maxwell Dee
Maxwell Dee
19 Aug 2025