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Commercial Metals Company Acquires Advanced Steel Recovery

Commercial Metals Company Acquires Advanced Steel Recovery

09/15/22, 8:39 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgirving
Industry
natural resources
manufacturing
Commercial Metals Company ( NYSE: CMC) ("CMC") today announced that as part of its strategic expansion in the Western U.S. it has acquired Advanced Steel Recovery, LLC (ASR), a leading supplier of recycled ferrous metals located in Southern California. ASR's primary operations include processing and brokering capabilities that efficiently source material for sale into both the domestic and export markets. ASR handles approximately 300,000 tons of scrap annually across its processing, industrial collection, and brokerage platforms.

Company Info

Company
Commercial Metals Company
Location
Irving, Texas, United States
Company info
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 ("EAF") 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.

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