Sims Ltd
SGM
Company Profile
Business description
Sims is the world's largest publicly traded metal and electronics recycler, with about three-fourths of earnings generated in North America and the remainder from Australia and New Zealand. Its main business is the buying, processing, and selling of scrap metal. Sims North American segment comprises the largest ferrous scrap recycler in North America, trading as Sims Metal Management, and 50% owned SA Recycling. Almost all sales are of ferrous metals with less than 10% of sales volumes from more valuable nonferrous metals retrieved in the scrap recycling process.
Contact
189 O’Riordan Street
Suite 2, Level 9, Mascot
SydneyNSW2020
AUST: +61 281131600
Sector
Basic Materials
Stock type
Cyclical
Industry
Steel
Fiscal Year End
30 June 2025
Employees
4,868
Stocks News & Analysis
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UPDATED: Your guide to February Reporting Season 2020
Never miss a result. See Morningstar's handy list of more than 150 companies under coverage that will release earnings results during February Reporting Season.
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Sims Metals stocks dive after earnings disappointment
Stocks in metals and electronics recycling giant Sims Metal Management plunged 16 per cent yesterday after the company released a disappointing first-half earnings update.
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