Steel Mills
August 4, 2020
SDI Acquires Mexican Scrap Recycler
Written by Tim Triplett
Steel Dynamics, Inc. has completed its acquisition of Zimmer, a Mexican scrap recycler, as part of its raw material procurement strategy to support the new flat rolled mill it is building in Sinton, Texas. SDI plans to begin operations at the new EAF mill in mid-2021.
Zimmer is headquartered in Monterrey, Mexico, and operates a ferrous and nonferrous scrap metals recycling business. Zimmer’s primary operations are comprised of six scrap processing facilities strategically positioned near high-volume industrial scrap sources located throughout Central and Northern Mexico. The company also operates several third-party scrap processing locations. These combined facilities currently ship approximately 500,000 gross tons of scrap annually and have an estimated annual processing capability of two million gross tons.
