Greenwave technology solutions, inc. expects u.s. tariffs on steel imports to drive margin expansion in fy 2025

Greenwave's customers include subsidiaries of nucor corporation, cleveland-cliffs, inc., sims limited, and georgia-pacific the company is one of primary domestic suppliers of mill-ready shred in the mid-atlantic region chesapeake, va. , nov. 27, 2024 /prnewswire/ -- greenwave technology solutions, inc. ("greenwave" or the "company") (nasdaq: gwav), an operator of metal recycling facilities in virginia, north carolina, and ohio, announced today that based on its 20+ years of operating history in the u.s. scrap metal industry – including chief executive officer danny meeks' firsthand experience from president-elect trump's first term – that it expects tariffs on u.s. steel imports will drive the company's revenue growth and margin expansion throughout fiscal year 2025.
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