Sims Ltd
SGM: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.s | LOCK|F% | LOCK|#Tg<G# |
Sims' North American Segment to Benefit From Tariffs on Imported Metals
Business Strategy and Outlook
We expect increased demand for scrap metals over our forecast period, driven by growth in electric arc furnaces, spending on infrastructure, steel and copper as a main material in vehicles and machinery, and in the near term, improved demand for US manufactured steel due to tariffs.
