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    August 21, 2025

    Sims' long-term outlook bright, sees tariffs boosting US scrap demand

    Written by Ethan Bernard

    Australia-based global recycler Sims Ltd. has a rosy long-term outlook, while the company said tariffs are supporting US demand for ferrous scrap.

    Sims said US tariffs “continue to protect domestic steel and aluminum industries, supporting local demand for ferrous scrap,” according to an earnings presentation on Tuesday.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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