Metalico sees challenges in 2014

Mar 14, 2014 | 12:41 PM | Lisa Gordon

Tags  metals recycler, ferrous scrap, nonferrous scrap, Metalico, Carlos Agüero, Lisa Gordon

PITTSBURGH — Higher buying prices for feedstock coupled with lower selling prices kept Metalico Inc. in the red at year-end, with challenges still ahead for this year, it said.

The Cranford, N.J.-based metals recycler’s full-year net loss more than doubled as its fourth-quarter net loss narrowed by 57.1 percent compared with the equivalent year-earlier periods.....

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