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04 Mar
11:08

ArcelorMittal acquires Scottish recycler, seen aiding Spanish procurement

ArcelorMittal has acquired Scottish recycling company John Lawrie Metals. According to the deal, the ferrous scrap business will continue to be run by the current management, Kallanish notes. “We have identified strong potential for growth in the ferrous scrap processing business, with demand growth in Europe facilitated by the European Union’s initiatives to achieve higher metal recycling rates, reduce CO2 emissions and underpin the EU’s ne…
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