Steel Dynamics completes acquisition of Mexican metals recycling company
On August 3. Steel Dynamics. Inc announced the completion of the acauisition of Zimmer sA deCy as nart of its raw material orocurement strateay to support its new Texas flat roll steel mill which is nlanned to becin operations mid-vear 2021. The transaction was funded with available cash.Zimmer is headauartered in Monterrey. Mexico and operates a ferrous and nonferrous scrap metals recycling business. Zimmer's primary operations are comprised of six scrap processing facilities strateaically positioned near high-volume industrial scrap sources located throughout Central and Northern Mexico. The company also operates several third-party scrap processino locations. These combined facilities currently shio approximatel 500.000 gross tons of scrap annually and have an estimated annual processing capability of two million gross tonsSteel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recyclina capability, with facilities located throuohout the United States, and in Mexico
Cangzhou Steel Pipe Group (CSPG)Co.,Ltd.
No.92 JieFang East Road ,Cangzhou City, Hebei,P.R.China.
CSPG has more than eighteen years history company which located in Lecong Iron and Steel World, a well-known steel distribution center in China, with superior geographical position and convenient water and land transportation.
We are a direct-selling manufacturer specializing in the research and development of spiral steel pipes, steel spiral pipes, anti-corrosion steel pipes inside and outside. Since its inception, the company has been guided by a brand-new thinking of steel pipe product market based on the business philosophy of honesty, pragmatism and knowledge-seeking.