Sims Metal Management Ltd SGM.ASX

Sims Ltd is involved in the purchase, processing, and sale of recycled metals on an international basis. The company deals in both ferrous and non-ferrous metals, with most of its activity focussed in Australia, China, South Korea, Turkey, and the US. The company’s operations are divided into six segments: Global Trading, North America Metals, Australia/New Zealand Metals, UK Metals, Investment in SA Recycling, and Sims Lifecycle Services. Founded in 1917, Sims Ltd has headquarters in Mascot, Australia.

The company's stock is listed on the Australia stock exchange with the ticker SGM. Over the 52-week period up to December 14, 2020, the SGM share price hit a low of 5.52 AUD in March 2020 before climbing to a high of 13.19 AUD in December 2020. The stock yielded a one year return of 10.77%, as of December 2020.

The company collects, processes, and trades iron, steel, aluminium, lead, copper, nickel and zinc. Environmentally responsible solutions are provided by the company for the disposal of electrical and electronic equipment, and the disposal of information technology assets by commercial customers. The company also provides secondary processing and recycling of municipal curb side materials, in addition to stevedoring.

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