Greenwave's margins expand as scrap metal prices surge ahead of steel and aluminum import tariffs taking effect march 12, 2025

Tariffs taking effect on all foreign steel and aluminum imports without exception or exclusion greenwave provides 100% domestically-sourced scrap metal to nucor, sims, cleveland-cliffs, and georgia-pacific prices for scrap steel have surged more than 20% the past month and are expected to go higher upcoming tariffs on copper imports expected to further accelerate greenwave's revenue growth and margin expansion chesapeake, va. , march 10, 2025 /prnewswire/ -- greenwave technology solutions, inc. (nasdaq: gwav) ("greenwave" or the "company"), today announced that its margins have expanded significantly due to surging prices for scrap steel –  already up 20% since early february and expected to go higher – ahead of steel and aluminum import tariffs taking effect on march 12, 2025.
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