Help Desk -
9958816305, 9810335381
Email
Password

ArcelorMittal & Triple M Form Integrated Metal Recycling JV in Canada

Steel News - Published on Wed, 14 Oct 2020

Image Source: Integrated Metal Recycling
ArcelorMittal Long Products Canada and Triple M Metal announced that they are joining forces to offer more choice and services to scrap metal consumers and suppliers. The two companies are today creating a joint venture called Integrated Metal Recycling Inc., which will combine many of the recycling activities of the two partners in Quebec. At ArcelorMittal Long Products Canada, the four Legault Métal sites at Abitibi-Témiscamingue in Quebec acquired by ArcelorMittal in 2019 will now be part of Integrated. At Triple M Metal, the Metrobec sites located in Saint-Hubert in Longueuil in Quebec will also be under the integrated structure.

With this new alliance, recyclers will now have access to more outlets for their scrap metal. Whether to supply ArcelorMittal’s steel mills, Triple M’s aluminum customers or other users of recycled metals, Integrated’s scrap metal needs will be constant and diversified. The joint venture will provide recyclers with increased opportunities to sell their scrap metal on an ongoing basis and build lasting business relationships with a trusted partner. Integrated will also continue to process and add value to nonferrous metals as part of its service offering.

In addition to allowing local recyclers to sell their scrap metal to an established local player, Integrated Metal Recycling is proud to contribute to the circular economy by enabling the recovery of ferrous and non-ferrous metals that find new life in various industrial uses right here in Canada.

Source :

Posted By : Yogender Pancholi on Wed, 14 Oct 2020
Related News from Steel segment