Gerdau Ameristeel, a leading Latin American minimill producing 12.4 mnt of steel annually, is acquiring US-based Dales Recycling for $60 million to enhance its ferrous scrap operations in North America.
  • The deal encompasses assets in Tennessee, Kentucky, and Missouri, with the goal of securing a reliable supply of raw materials.
  • Gerdau's North American subsidiary will manage the acquisition, pending standard closing conditions.
    • " /> Gerdau Ameristeel, a leading Latin American minimill producing 12.4 mnt of steel annually, is acquiring US-based Dales Recycling for $60 million to enhance its ferrous scrap operations in North America.
  • The deal encompasses assets in Tennessee, Kentucky, and Missouri, with the goal of securing a reliable supply of raw materials.
  • Gerdau's North American subsidiary will manage the acquisition, pending standard closing conditions.
    • " /> Brazil: Gerdau expands with $60 million scrap recycling acquisition | BigMint
    Intel Details

    Brazil: Gerdau expands with $60 million scrap recycling acquisition

    Melting Scrap
    20 Sep 2024, 18:45 IST
    Steel Mint Intel

    • Gerdau Ameristeel, a leading Latin American minimill producing 12.4 mnt of steel annually, is acquiring US-based Dales Recycling for $60 million to enhance its ferrous scrap operations in North America.
    • The deal encompasses assets in Tennessee, Kentucky, and Missouri, with the goal of securing a reliable supply of raw materials.
    • Gerdau's North American subsidiary will manage the acquisition, pending standard closing conditions.

    20 Sep 2024, 18:45 IST
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