China Armco back in black; China yard to start late in ’09
Nov 17, 2008 | 12:31 PM
| Paul Schaffer
China Armco Metals Inc. said Monday that its ferrous scrapyard in Jiangsu province, which will supply domestic recylables to domestic consumers, should begin operating in the third quarter next year.
China Armco, a Chinese trading company based for regulatory purposes in San Mateo, Calif., reported net income of almost $1.36 million in the third quarter this year in contrast to a year-earlier loss of nearly $2 million, on revenue that fell 25.4 percent to $20.4 million from $27.3 million.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here