Commercial Metals Company, a manufacturer, recycler and fabricator of steel and metal products and a provider of related materials and services, has acquired all of the assets of metal recycling company Roane Metals Group LLC.
Roane is a company with capabilities to process approximately 85,000 tons of ferrous and non-ferrous materials annually at its two Tennessee facilities. The majority of volumes relate to ferrous scrap grades consumed by CMC’s long product mills. The acquired assets aim to improve the security and supply of inputs to CMC’s steelmaking operations.