SYDNEY AUSTRALIA: BlueScope has entered into a binding agreement to buy the ferrous scrap steel recycling business of MetalX LLC. It is the leading supplier of scrap feed to its Ohio-based mini-mill business, North Star BlueScope Steel. BlueScope will pay US$240 million to acquire two of MetalX’s operating sites which are located in Indiana and…
Tag: steel recycling
Array Technologies signs supply agreement with Nucor Corporation
ALBUQUERQUE Array Technologies (NASDAQ: ARRY) signed an agreement with Nucor Corporation to produce certain components its solar tracking system, as well as support the co-development of future components for Array’s next generation of products. “As the largest recycler of steel in the U.S., Nucor is an ideal partner for Array. Nucor’s longstanding commitment to recycling…