Sharif investing in second shredder for Saudi yard

Oct 30, 2006 | 10:58 AM | Ben Garside

Soaring steel scrap prices have prompted Sharif Metals Ltd., a United Arab Emirates-based nonferrous scrap processor, to invest in a second shredder in Saudi Arabia.

Sharif Metals has operated a 1,750-horsepower shredder in Dammam, Saudi Arabia, for the past six months and is planning to install a new 3,000-hp shredder in central Saudi Arabia by the end....

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