According to the ETF Screener, Metalico is 2.21% of the Market Vectors Environmental Services ETF (EVX).
FORBES: Ferrous Scrap Prices Likely To Rise, Stick With These ETFs
Mr. Prouty said that companies poised to benefit from the long-term trend in pricing include Metalico (MEA), Schnitzer Steel Industries (SCHN) and Sims Metal Management (SMS).
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