Irving Texas headquartered US’s leading steelmaker Commercial Metals Company has completed the acquisition of a Galveston area metals recycling facility and related assets from Kodiak Resources and Kodiak Properties. The acquired operation annually processes approximately 55,000 tons of ferrous and non-ferrous materials, with the majority of volumes related to obsolete ferrous scrap grades consumed by CMC's long product mills. The transaction is expected to enhance the security and supply of competitively priced inputs to CMC's steelmaking operations.Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland.
Irving Texas headquartered US’s leading steelmaker Commercial Metals Company has completed the acquisition of a Galveston area metals recycling facility and related assets from Kodiak Resources and Kodiak Properties. The acquired operation annually processes approximately 55,000 tons of ferrous and non-ferrous materials, with the majority of volumes related to obsolete ferrous scrap grades consumed by CMC's long product mills. The transaction is expected to enhance the security and supply of competitively priced inputs to CMC's steelmaking operations.Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland.
