Commercial Metals Company has acquired all the assets of metal recycling company Roane Metals Group. Roane is capable of processing 85,000 net ton of ferrous and nonferrous materials annually at its two facilities located in Tennessee. The majority of volumes relate to obsolete ferrous scrap grades consumed by CMC's long product mills.The acquired assets are expected to enhance the security and supply of competitively priced inputs to CMC's steelmaking operations.
Commercial Metals Company has acquired all the assets of metal recycling company Roane Metals Group. Roane is capable of processing 85,000 net ton of ferrous and nonferrous materials annually at its two facilities located in Tennessee. The majority of volumes relate to obsolete ferrous scrap grades consumed by CMC's long product mills.The acquired assets are expected to enhance the security and supply of competitively priced inputs to CMC's steelmaking operations.
