Europe: ArcelorMittal acquires Netherlands-based metal recycling business

  • European Steel major, ArcelorMittal continues its acquisition process of scrap metal recycling companies to achieve the goal of reducing the carbon intensity of steelmaking in Europe by 35% by 2030, and recently acquired Riwald Recycling business in the Netherlands.
  • The third metal recycling business acquisition includes facilities from Germany-based ALBA international recycling and UK-based John Lawrie Metals.

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