Sims Metal Management Limited

( ASX:SGM ) - ASX200 Materials


Four Year High For Sims Metal

There is a very strong correlation between Sims Metal Management’s buy and sell prices and the prices of iron ore and coking coal, and ferrous prices on the London Metals Exchange, said Sims’ managing director and chief executive officer, Galdino Claro, at the company’s annual general meeting.

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