Steel Mills
March 3, 2020
SDI to Acquire Mexican Scrap Recycler
Written by Sandy Williams
Steel Dynamics has agreed to acquire 100 percent of the equity interest of ferrous and nonferrous scrap metal recycler Zimmer, S.A. de C.V. The Monterrey, Mexico, operations will support raw material procurement for Steel Dynamics’ new Texas flat rolled mill.
Zimmer operations consist of six scrap processing facilities located near scrap-rich industrial areas in Central and Northern Mexico, as well as several third-party scrap processing locations. The combined facilities ship 500,000 gross tons of scrap annually with an estimated annual processing capability of 2 million gross tons.
