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ArcelorMittal Long Products Canada Acquires Legault Metal

Steel News - Published on Wed, 28 Aug 2019

Image Source: ArcelorMittal
ArcelorMittal Long Products Canada announced today that it is acquiring the assets of Legault Métal Inc, a metals recycling company with facilities in Trécesson, Val d'Or, Rouyn-Noranda and La Sarre, in Abitibi-Témiscamingue in Quebec in Canada. These sites, which will now operate under the name Legault Métal, a division of ArcelorMittal, will continue to deliver its services to scrap dealers and individuals. François Perras, Chief Executive Officer for ArcelorMittal Long Products Canada, said "We are pleased to welcome Legault Métal Inc., a long-standing supplier, to our organization and further reinforce our presence in the Quebec scrap recycling market. As the largest recycler of scrap for local use in Quebec, we are further securing our supply of raw materials from this important region and strengthening our value chain. We are excited to extend our footprint to Abitibi and will work hard with the local team to earn the trust of our new host communities."

Well established in Quebec since the 1960s, ArcelorMittal will continue the tradition of excellence that Legault Métal has maintained since 1968 and ensure local opportunities are available for scrap metal collected mostly in the region but also elsewhere in Quebec, in Ontario and across Canada.

Gerry Legault will support the ArcelorMittal Long Products Canada team to ensure a smooth transition of operations over the coming months. The approximately 100 people who are currently working for Legault Métal remain employed by the company as of the transaction date.

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Posted By : Ratan Singh on Wed, 28 Aug 2019
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