- US metal recycler Schnitzer Steel Industries restarted operations at its Everett, Massachusetts facility on 28 Jan’22, nearly two months after a fire broke out on 8 Dec.
- Replacement and repair of equipment damaged due to fire has started, although no damage was caused to the company’s quarterly performance.
- Schnitzer’s ferrous scrap sales in Q4CY’21 increased by 9% y-o-y to 1.14 mnt on strong demand and delayed shipments from the previous quarter.
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