Sims Recycling Solutions (SRS) pulled in smaller profits during the 2019 fiscal year. But the company also pointed to stronger numbers in the second half of the year, attributing gains in part to data center recycling efforts.
A slowing global economy and rising fears over trade wars have produced steep changes in the value of scrap metals in obsolete electronics. Some prices have risen handsomely while others have fallen sharply.
A global OEM says it has achieved its 2020 electronics recycling and recycled feedstock goals. The company also adopted e-scrap tracking as a permanent part of its recycling vendor auditing program.