The U.S.based Commercial Metals Company (CMC) announced in a press release Friday that it has acquired all assets of Roane Metals Group LLC, which has the capacity to process about 85,000 tons of ferrous and non-ferrous materials each year at its two facilities in Tennessee.
The company's main goal is to improve the safety and supply of its cost and workforce for steelmaking operations. The financial terms of the agreement have not yet been announced.
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