| Type | Publicly traded limited company |
|---|---|
| Traded as | (ASX: SGM, NYSE: SMS) |
| Industry | Metal recycling |
| Headquarters | Australia |
| Website | Global Official Website |
Sims Metal Management (ASX: SGM, NYSE: SMS) is a global Australian-based company that specializes in metal recycling, formerly known as Sims Group.
Sims Metal Management is the world’s, as well as North America’s and Australasia’s, largest metals and electronics recycler. Sims Metal Management today has over 250 locations on five continents, and over 6,200 employees.
They recover and recycle end of life and abandoned scrap cars, consumer goods and surplus metal from manufacturing processes and other sources of ferrous and non ferrous scrap metal. As a result of their recycling process they produce fragmented furnace feed for steel works and high grade copper, aluminium and brass for smelting and re-use in manufacturing.
Sims Metal Management has 42 recycling sites throughout the UK. In Newport, South Wales, they host the world's largest industrial shredder for scrap metal with access by road, rail and sea. [1][2][3][4]
Sims Metal Management’s North American Division and Joint Ventures are located in 21 U.S. states and employs more than 4,400 men and women. The company has a network of 120 Sims Metal Management and Joint Venture facilities across North America.
Sims Recycling Solutions[5] is the brand name for the electronics recycling division, with around 30 operations in the USA, Canada, UK, Belgium, Germany, Sweden, Netherlands, Australia, India, Singapore, South Africa and New Zealand.
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Sims Group merged with Metal Management in 2008, a U.S.-based company, to form the biggest scrap metals company globally, Sims Metal Management Limited.[6][7] They have many locations in Australia,[8] Canada,[9] Europe,[10] New Zealand,[11] United Kingdom,[12] and the United States.[13]