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Greenwave Technology Solutions, Inc. Set up for the growth of explosives against the background of new rates for steel, aluminum and copper – the Malaysian reserve

Greenwave Technology Solutions, Inc. Set up for the growth of explosives against the background of new rates for steel, aluminum and copper – the Malaysian reserve

To January 31, 2025President Trump said I would put significant rates for steel, aluminum and copper

Tariffs are expected to stimulate an increase in country prices in the country

Greenwave customers include Nucor Corporation subsidiaries, Cleveland-Cliffs, Inc., Sims Limited and Georgia-Peciofin

Chesapeake, VA.. February 3, 2025 / Prnewswire/ – Greenwave Technology Solutions, Inc. (“Greenwave” or “Company”) (NASDAQ: GWAV), a leader in metals recycling, is prepared to significantly accelerate revenue after President Trump’s announcement of steel, aluminum, and copper imports. These aggressive commercial measures are expected to drive The sharp increase in price For internally provided metals, positioning Greenwave as a Critic supplier On an increasingly protection market.

Tariffs are expected to significantly accelerate the growth of $ GWAV revenue with a 40-45% gross profit margin.

The higher the tariff, the more revenue $ GWAV is likely to generate

As one of The dominant suppliers of the Atlantic Ocean Middle of a mill and other recycled metals, Greenwave provides Bully search and expand the profit margins Throughout the fiscal 2025, with the steel and metal industry in the United States, he heads to home sources, Greenwave’s strategic position in Virginia., North Carolinaand Ohio It puts it at the epicenter of this seismic change in the market.

President Trump’s tariff announce signaling the changing dynamics of the industry

Friday night, January 31, 2025President Trump (Video Link) stated:

“We will put a lot of steel tariffs. We already have steel tariffs … But it was relatively small compared to what it would be. And in the end, honey … This will be a great impetus to our steel industry. This will make our steel industry very strong. “

Strategic partnerships with industrial titanies

Greenwave delivers subsidiaries to Nucor Corporation, Cleveland-Cliffs, Inc., Sims Limited and Georgia-PeciofinAmong others, with a Reliable, with a large volume of metals, ready for the mill. Equipped with a varied, home network of corporations, municipalities and individualsGreenwave metal scrap operations are ready to Take a significant share of the expanding local metal market.

With a search for American steel, aluminum and copper placed on a jumpGreenwave is Perfectly positioned In order to benefit from this historical economic change, strengthening his role as a A key player in the North America Metal Delivery Chain.

For Greenwave
Greenwave Technology Solutions, Inc. (NASDAQ: GWAV) controls 13 metals recycling facilities that deliver leading steel mills and industrial partners with durable metals. Headquartered in Chesapeake, vaGreenwave plays a critical role in infrastructure projects and US national security, with operations across the whole Virginia. North Carolinaand OhioS Visit www.gwav.com for more information.

For detailed finances and updates, visit www.gwav.comS

Preferred statements
This press release contains certain promising statements within the meaning of the provisions of the Safe Port of the Law on Personal Personal Disputes of the Securities of 1995. They include, without restriction, statements about its growth of revenue, opening of additional places, expansion of margin and forecasts For cash flows. These statements are identified by the use of the words “can”, “believe”, “predict”, “intend”, “evaluation”, “expect”, “can”, “continue”, “predict”, “potential”, “” ” A project that is intended to identify predictive statements. Expectations and intentions reflected or proposed by the forecast statements are reasonable, the company cannot give any sure that these plans, goals, expectations or intentions will be achieved. of the company), the assumptions and other factors that could lead to essential results from the historical experience and present expectations or forecasts. It can hesitate significantly. The suggested predictive statements are also affected by the risk factors described in the company’s submission to SEC. With the exception of the requirements of the law, the company does not undertake the obligation to update or review all forecast statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or reflect the appearance of unforeseen events.

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