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Article: Heating things up: Shanghai Sigma Metals has quickly become a leading American aluminum scrap.(Company overview)
- Article from:
- Recycling Today
- Article date:
- July 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 G.I.E. Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The bales of siding and aluminum sheet sit row after row, stacked four high and surrounding buildings and even the three-hole golf course at the Shanghai Sigma Metals Inc. manufacturing complex in China's largest city.
Sigma Metals President Tony Huang points out, however, that this impressive volume of scrap does not represent a speculative position in the market. It is simply enough scrap to make sure the company's multiple furnaces can be stocked for the next 30 to 45 days.
The Sigma story reflects the global nature of the metals industry while also demonstrating the tremendous capacity growth occurring in the People's Republic of China as that nation ...
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