Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

scrap metal

Metal giant's shares plunge on writedown announcement

Global scrap metal dealer Sims Metal Management has written down the value of its North American operation by A$614m (£421m).