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  • Steel Dynamics acquires Mexican scrap metals recycler

    2020-03-03 13:59:55   [Print]
    On March 2, US-based Steel Dynamics, Inc.Asian Metal CopyrightA.Asian Metal Copyright announced that as part of its raw material procurement strategy to support its new Texas flat roll steel mill, the company has entered into a definitive agreement to acquire 100% of the equity interest of Zimmer, S.Asian Metal Copyright The company also operates several third-party scrap processing locations.Asian Metal CopyrightA.Asian Metal Copyright announced that as part of its raw material procurement strategy to support its new Texas flat roll steel mill, the company has entered into a definitive agreement to acquire 100% of the equity interest of Zimmer, S.Asian Metal Copyright de C.Asian Metal Copyright The company also operates several third-party scrap processing locations.Asian Metal CopyrightV.Asian Metal Copyright de C.Asian Metal Copyright to be funded entirely with available cash.

    Zimmer is headquartered in Monterrey, Mexico and operates a ferrous and nonferrous scrap metals recycling business. Zimmer's primary operations are comprised of six scrap processing facilities strategically positioned near high-volume industrial scrap sources located throughout Central and Northern Mexico.Asian Metal Copyright .Asian Metal Copyright The company also operates several third-party scrap processing locations.Asian Metal Copyright de C.Asian Metal Copyright These combined facilities currently ship approximately 500,000 gross tons of scrap annually and have an estimated annual processing capability of approximately 2 million gross tons.

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