Sims targets growing China scrap generation

Nov 29, 2012 | 11:00 AM | Mark Burton

Tags  Sims Metal Management, scrap, Michael Lion, Chinese scrap market, Chiho-Tiande Group, Mark Burton

SHANGHAI — Sims Metal Management Ltd. will capitalize on China’s scrap generation through its strategic partnership with recycler Chiho-Tiande Group Ltd.

"In addition to being the largest in conventional recycling, we’re also the largest in electronic recycling, so we want to be a part of that story in China," Michael Lion, chairman of Sims Metal Management Asia Ltd., said Thursday on the sidelines of AMM sister publication Metal Bulletin’s 8th Asia Copper Conference in Shanghai. "It will be different from the West in the sense that it’s going to be much more integrated."....

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