After closing and consolidating operations in North America and the U.K., the e-scrap business of Sims Metals Management has posted promising results.
Results from the recently completed 2015 fiscal year (FY), which ran from July 1, 2014 to June 30, 2015, show increased revenues from Sims' tightened global e-scrap operations. Revenues from the e-scrap wing of the company, Sims Recycling Solutions (SRS), totaled about $795 million in Australian dollars ($557 million in U.S. dollars).